Yes, Mr. Speaker. The hon. Minister of Finance had the foresight to move the issue forward and resolve the problem 20 years in advance.
On the other hand the Tories avoided solutions. They did not tackle the issue. We must make sure contributions match the payouts over any period of time. It is a closed fund. The only way it becomes sustainable is to make certain that contributions and payouts balance. If we cannot increase the contributions we cannot make the payouts. That is obvious. As soon as we cut the contributions we cut the payouts.
What is being proposed in the RRSP scenario is that those who have a lot of money to pay into RRSPs will be the benefactors of a pension in the future. Those who do not have the funds, those poor Canadians, are the ones who will end up without pensions. The rich get more and the poor get poorer. That is story being put forward by colleagues across from me today.