Mr. Speaker, I would like the hon. member to provide some clarification on the Canada pension plan.
There have been numerous statements made that the Canada pension plan is a tax and not a pension. In my opinion when I pay my taxes I do not expect any funds back over x number of years. Presently as the CPP sits it is a pension and in due time whether it be through disability or retirement people expect to have a return for their funds invested.
Could the hon. member clarify his position that it is a tax and not a pension?