Madam Chair, I am afraid I do not know all of the details on that, but I will certainly look into getting a fulsome answer for that.
What the government did recognize was the fact that those people holding RRSPs suffered a severe shock in 2008-09, seeing the value of their RRSPs drop drastically. For those who were required as of that date to roll those instantly, at the end of that year, into a RRIF, the government extended that two years so they would not be forced to roll their RRSPs at that low rate. It would actually provide them the opportunity to rebuild the value of those RRSPs.
The government recognized that they, through no fault of their own, saw the value of their RRSPs drop. It was market factors, blame whoever, it was not the seniors who should be blamed. The government recognized that and moved that date back two years so it would actually allow the seniors to regain value in their RRSPs before they were rolled into RRIFs.