Mr. Speaker, two alternative options are being presented to Canadians in terms of the Canada pension plan.
There is that put forward by the members of the Reform Party which is to effectively abolish the Canada pension plan and turn it into a super RRSP. That would result in pensions for the wealthiest in the country and no pensions for the poor. We categorically rejected that option.
At the present time a federal-provincial commission is travelling across the country examining ways in which the Canada pension plan can be kept whole.
The Canada pension plan obviously requires modification. However it is not in danger despite the cataclysmic declarations of the Reform Party. Yes, there may well be increases in premiums and there may well be changes in benefits. However, the fact is that this government, and I also believe all of the provincial governments and the territories can assure young Canadians that the Canada pension plan will be there for them.