Mr. Chair, I am quite pleased to answer that question in the context of what I have done as Minister of Labour.
As the member knows, in labour we have a very privileged perch in that we get to speak to both employers and organized labour employees. They come together around the same table. In fact, tonight there was a meeting of the ministerial advisory committee on labour relations and there was a discussion of pension issues. People gave me their feedback and points of view on the matters.
There is no question that employers, employees with organized unions and non-unionized employees all share the concern about the future of pensions. They understand and respect that there is a process around what we are trying to accomplish and that we have but one chance to get it right. That is why we are taking more time in order to get the job done correctly.
The other aspect of discussing it from a labour point of view is we look at some of the other programs we have put in place that have helped in the same vein. We introduced the wage earner protection, for example, which dealt with certain aspects that we did not expect to encounter with respect to bankruptcies of companies. It has been a very successful program. I appreciate the member giving credit where credit is due in terms of that, the TFSA and what we have done with respect to income splitting.
The process I laid out in my remarks is important to think about as well. I appreciate the fact the member acknowledges it is not always easy to collaborate with all of the provinces. However, we are moving in the right direction and are going to get to the right spot.