Mr. Speaker, the Liberals are saying to the Canadian people forget about the 30-plus years of gross mismanagement of the current Canada pension plan, which is shared by the Tory government, incidentally.
They are saying forget about the way they have mishandled the pension contributions of working Canadians to the point that now seniors who are existing on the Canada pension plan are so far below the poverty line with the pittance they get from Canada pension that they cannot even see the poverty line it is so far above them.
This government is prepared to say to the Canadian people forget all that, trust it, this time it is going to get it right. “To give an idea of our plan, we are now going to charge double for premiums or 77 percent more, but listen to us, Canadian people, we are going to charge double but we are going to manage it so well that when you retire we will pay you less than what you would get today if you retired”.
That is Liberal economics. I cannot imagine how this government, with the record of mismanagement it has had, can look Canadians in the eye, particularly young Canadians who are entering the job force, and say “trust us with your money, pay more, get less”. That is the Liberal way. “Trust us. Give us a chance”. How can they do that?