Mr. Speaker, there is more. Only 10% of pensions in this country are federally regulated, so we need to work in consultation with the provinces and territories, which is precisely what we are doing. We have a research working group created by the provinces, territories and federal government. We will be meeting again to review the results of that.
This is a serious issue. It is not to be dealt with on the back of an envelope or by a knee-jerk reaction. It needs to be dealt with collaboratively, intelligently and thoroughly by governments working together in Canada.