Mr. Speaker, taxpayers would wind up paying 9.9 percent of their salary as a result of the Canada pension plan as proposed by the Liberals.
A taxpayer living until 75 would collect a maximum of $8,800 per year for a grand total of $88,000. In contrast, members of Parliament only have 9.5 percent of their paycheque go toward the gold plated pensions.
If the minister of heritage had lost her election and lived until 75, she would have collected $2.8 million. How will she continue to justify gouging taxpayers?