Mr. Speaker, I am always shocked to hear the Liberals and the Conservatives alike defend pension plans that are administered by the private sector. At the beginning of the week, I read the comments of one analyst who said that, at this time, private pension funds are being suffocated by current conditions and the low interest rate, and by the fact that it is very difficult to get decent returns from the stock market.
So, how can my colleague support a solution that would exacerbate the problem, rather than advocating, as we do, a solution that relies on a safe, public, proven and strong system, as even the government recognizes?