Mr. Speaker, over 75% of Canadians support the Canada pension plan.
The basic difference of opinion that has existed between ourselves and the Reformers has to do with the unfunded liability.
The hon. member in a statement on the weekend that I would like to quote for the first time has announced what Reform would do in terms of the unfunded liability. She said “we need to look at paying this unfunded liability out of general tax revenues”.
I would like to simply tell her that it would require a 25% increase in personal income tax to pay for that unfunded liability.