Mr. Speaker, any reform of CPP must reflect fairness for all Canadians. If a 20 year old person invested CPP contributions in an RRSP at an average return of about 7 per cent he or she would have an nest egg of over a million dollars. That would give an annual retirement income over double what is being offered under the Liberal CPP plan.
How can the minister justify forcing young people to contribute to a plan that would have to rank as one of the worst investment schemes on the planet?