Mr. Speaker, allow me to give the member an introductory course in finances. When seniors roll their RRSPs into RRIFs, they have to pay taxes. To pay these taxes, seniors have to sell off their investments when the markets are at rock bottom. In their letter to the banks, the Conservatives did not make any suggestions about how this problem could be fixed. They would have gotten better results writing to Santa Claus.
Do the Conservatives not realize that by refusing to act, they are wiping out our seniors' savings?