Mr. Speaker, first the unsustainability of CPP was blamed on too many baby-boomers, then not enough people having children, then full indexing and disability benefits. Next it will be an act of God.
Now they want to simply continue the status quo, only with double the tax revenue.
The minister says that our numbers do not add up, but what does not add up is Canadians paying $3,200 a year for a $9,000 pension 30 years from now. That does not add up. Canadians deserve better than paying more to get less.
Why will the government not dispel the fears of Canadians that CPP will not be there for them and offer individualized tax sheltered accounts for their mandatory CPP tax deductions?