Mr. Speaker, let me be very clear. Our Conservative government does not support this bill.
Our old age security system is designed to strike a proper balance between the contributions that individuals make to our economy and our society, and on the other hand the publicly paid for benefits that they would receive in their old age.
The hon. member's bill would cost over $700 million in additional funds. Like most Liberal proposals, it is financially irresponsible. We will not support it.