Mr. Speaker, the hon. member said that younger Canadians want to know there is a secure pension plan. This Canada pension plan is that secure pension plan.
What would the Reform Party offer instead? The Reform Party's finance critic said about their own proposals on pension: "I'm kind of reluctant to get into the numbers". Why would he be reluctant to get into the numbers? It is because their numbers do not add up.
Why do they not add up? What would their contribution rate be? Would it be 10 per cent? Would it be 15 per cent? They do not say. How would they honour the commitment to today's seniors, $18 billion a year and growing? Would they honour those commitments?
If they are going to honour those commitments, where would they find the money? Would they simply renege on those commitments? What do they plan for Canadians who have contributed?