Mr. Speaker, that has been one of the big concerns of people who have already retired, who have no capacity to increase their earning power, especially for those Canadians for whom the CPP was primarily intended. Those who have had very modest incomes throughout their working lives have not been able to afford the $14 billion of public subsidy that is provided to people who can save for RRSPs and which the Reform Party wants to increase to the benefit of its wealthy friends. But those people will find that they will continue to have their benefits fully indexed so their pension income will not erode. They will not see a reduction in their benefits.
In the House of Commons on October 6th, 1997. See this statement in context.