Mr. Speaker, the hon. member for Palliser did not state what is being alleged by the parliamentary secretary.
To deal with his points, he suggests that I favour the American plan. What I was trying to get at, and I thought I had indicated, was that the American plan has a higher threshold than the Canadian plan. Under the American plan the cutoff rate would be in the neighbourhood of $88,000 Canadian as opposed to $35,800.
To suggest that I want a higher age of retirement, the answer is no. But do I want a fairer system in this country? Absolutely.
That takes me back to the first point which was made by the parliamentary secretary, which was that we are not suggesting any increases. That is obviously incorrect. We want to have a broader based amount of earnings going into the plan. If we had a cutoff rate higher than $35,800 we would have more money in the plan and it would provide a better return for people at the lower end.