Mr. Speaker, normally the member for Souris--Moose Mountain is quite lucid on these matters and he highlighted something important. As we all know, the Canada pension plan is one pillar of a three pillar or four pillar system. There is the Canada pension plan, old age security, registered retirement savings plans, and registered pension plans. The government strives to ensure that the parts of the chair that are holding up the chair seat are all sound.
I would agree with him to the extent that old age security is indexed to inflation, but many elderly people in my riding do not have any other means of income and it is difficult for them. I hope that someday we will be able to revisit old age security. As the member for Souris--Moose Mountain knows, there is a mechanism in place now with the guaranteed income supplement. Those people who are very stressed in terms of income can apply for that.
What we do have in Canada is this pillar, this chair with these legs supporting it so that we have a very sound retirement system for all Canadians, of which the CPP is but one part.