Mr. Speaker, we actually have been working with the provinces to develop a plan that works for both the provincially-regulated and federally-regulated. Let me read a quote from the Canadian Federation of Independent Business. It stated:
A new voluntary, low-cost and administratively simple retirement savings mechanism will allow more employers, employees, and the self-employed to participate in a pension plan....PRPPs have the potential to expand the retirement savings options for thousands of Canadian small businesses and their employees.
That is a quote worth listening to.