Mr. Speaker, Canadian young people want to know that there will be a sustainable
plan for them. They would like to earn three times as much through privately funding their own RRSP rather than any CPP plan.
Thirty-two years ago these Liberal politicians called John Kroeker crazy for predicting that CPP was unsustainable without constant payroll tax increases.
In the next 6 years from now alone, premiums will have gone up over 70 per cent and Canadians will be paying a full 10 per cent of their paycheques toward a pension plan that still is not sustainable.
The minister thinks people in the galleries here and across the country are really pleased about this plan of mismanagement of their own money.
Is it not true that the government is hiding the fact that premiums will have to go up again before the Canadian public gets any benefit which these people have promised?