Mr. Speaker, of course there has been a lot of market turmoil around the world, not only in Canada, that has put enormous pressure on many pension plans and many pensioners in this country.
The fact of the matter is that this particular pension plan is registered and regulated by the province of Ontario. Therefore, it falls within provincial responsibility.
Having said that, my colleague, the Minister of Finance, and I are working together. We have included cross-country consultations to look at comprehensive changes to the federal pension framework. Obviously we are working with the provinces and territories to make a better pension system, whether it is private or public, not only federally but across the country.