Mr. Speaker, the Canada pension plan is an investment fund that is there to ensure that older people will be able to get money after they are 65 in order to have a reasonable income for years to come. In order to fund this investment fund, we have to put premiums into it. What we did was ensure the sustainability of that fund. That is what the provinces wanted. It is what Canadians want.
In the House of Commons on February 21st, 1997. See this statement in context.