Mr. Speaker, pensions are a matter of significant concern. There are pressures on pension plans across the country. As we know, many of the pension plans rely on their equity investments as part of the funding for their pension plans. This is the reason we took certain steps in the budget to assist the pension plans in terms of what is called “smoothing” and providing longer periods of time to repay capital to pension plans.
It is also why my parliamentary secretary is conducting a consultation that is starting soon all across Canada to gather information. It is a complex issue and must be handled carefully.