Mr. Speaker, the member's question is very insightful. I would suggest that the advantage of going the PRPP route as opposed to being able to fill out one's full complement of RRSP or group RRSP is like comparing apples and oranges.
The PRPP represents a payment at time of retirement, without having to contribute as much income as one would into an RRSP. It is much more cost-effective and would also cover those people who just do not have enough discretionary income either at the employer level or employee level to contribute to an RRSP or a group RRSP. Therefore, the PRPP is certainly the way to go and much more cost-effective for everyone concerned.