Mr. Speaker, I found the speech very interesting, and I would like to commend the hon. member. However, I found the last two or three sentences not only disturbing but literally frightening. I think the comment made was that the plan that is being presented is there for my children and my grandchildren.
I would like to ask the member to explain in detail just exactly how it is that this is going to happen when the premiums go up to about 9.9 percent, and I believe that is supposed to last forever. We know where that kind of promise went the last time. It went all over the place. However, what is more significant is that there is no corresponding increase in the benefits that will be paid to the people who will actually benefit from the CPP.
We have a 73 percent increase in the premiums but no change in the benefits. How can that be a benefit to children and grandchildren?