Finance committee  Yes.

Finance committee  It definitely takes it closer to a fifty-fifty share, but it takes it up to a 0.42% share.

Finance committee  It's in transition. I believe it's close to 0.4% now, but each year it's moving up. In 2013 it will be at the full 0.42%.

Finance committee  Yes, that's correct.

Finance committee  The way it would work is that the increases would happen incrementally. People would see increases to their benefits incrementally.

Finance committee  I actually can't answer that question, Mr. McCallum.

Finance committee  On that, we protect the bank deposits of Canadians by having insurance. So you have to ask yourself, why don't we do the same for pension entitlements for workers? Deposit insurance has not undermined business over the long term, so why would an insurance on pension entitlements

Finance committee  Sure. I think it's critically important that consultation be taking place with Canadians, with organizations that represent Canadian workers, so unions, associations, and not just with corporate Canada. I think it's critically important as well that we look at this as a collecti

Finance committee  No. I'm quite satisfied with the answers that have been given by the other witnesses.

Finance committee  The first was a doubling of the plan, and the second was...?

Finance committee  I think a mandatory plan would meet the needs of Canadians. Quite frankly, I think when we leave it in the hands of people to make a decision—and we're looking at young families with kids, with mortgages, with student loans, with assorted debt—having a mandatory plan definitely p

Finance committee  Further to that, only 33% of Canadians have public sector or private sector pension plans. If we're serious about dealing with the issue of poverty and old age, we have to ensure that more people have pension plans, that the pension plans are protected, and that corporations set

Finance committee  We have not been in a situation such as the Nortel workers to date. So we haven't been given any answers by the Government of Canada.

Finance committee  We certainly see economies of scale and efficiencies from rolling them into a larger plan. If it ensures that workers continue to be able to draw their pensions, we would certainly support such a proposal.

Finance committee  I don't know the percentage off the top of my head. The integrated amount I believe is 7%, and it's an integrated--