Mr. Speaker, the modifications that are proposed to the CPP will of course shrink a certain number of benefits. Happily this is not so with the Quebec pension plan.
My concern is with the Canadian pension plan super mutual fund that the government will put in place to manage those moneys. Our colleague from Kamloops rightly mentioned that taking $80 million out of Kamloops will certainly affect the local economy. The only way that jobs will not be lost is to reinject that money in that area through this kind of mutual fund. If they funnel the money to Toronto we will be in a lot of trouble throughout Canada, Quebec being a special case because we have our own organization there.
How does our colleague react to that? Is he afraid Toronto will get it all?