Mr. Speaker, it is quite the opposite. There are going to be thousands of jobs created as a result of the confidence Canadians are going to have now that the Canada pension plan will be there for them. Not only that, but when the new investment fund is set up under independent management and is able to operate and invest in the enterprises of Canadians, it will be a very large player in creating jobs within this country.
The hon. member has said that we have preferred one generation to another. Is the hon. member saying that we should have cut the old age pensions currently? Is he saying that we should deindex the old age pensions? Is he saying we should engage in discriminatory action against senior Canadians? Let me tell this House that we will not do it.