Mr. Speaker, it is unfortunate but it is a reality that in order to ensure the Canada pension plan will be there for succeeding generations, premiums will have to be increased. That is the view of not only the federal government but of the chief actuary, the vast majority of knowledgeable commentators and the view of each and every one of the provincial governments at the meeting yesterday.
There is something else. The Reform Party has put forth its alternative plan. It ought to be very clearly understood that not only would that alternative plan of the Reform Party destroy the Canada pension plan as it is now, it would increase the premiums substantially above that which the ministers are talking about.