Mr. Speaker, I would commend the hon. member for his remarks; unfortunately there were several inaccuracies in his characterization of the Reform plan.
It would appear to me that the hon. member, who I believe is an accountant and well acquainted with actuarial concepts, may not have done exhaustive research on this subject. It is not merely the Reform Party which has proposed a mandatory retirement savings plan to replace this giant rip-off Ponzi scheme which Liberal and Tory governments have perpetuated for the last 30 years. Very credible independent think tanks such as the C.D. Howe Institute, the World Bank and even the Bank of Canada have made favourable comment on the concept of a self-funding, defined contribution, mandatory public retirement savings plan.
I wonder if the hon. member has read any of the studies.