Madam Speaker, my hon. colleague who gave such a wonderful speech invoked the name of Stanley Knowles and J. S. Woodsworth who pioneered the concept of security for people in their old age.
We all know that the Canada pension plan in its current form does not provide that for people. It only is intended to and in fact is structured to provide only a fraction of what people need in retirement, even with old age security and the GIS.
I note that the current government is exploring with the provinces ways to come up with different kinds of programs. It would seem to me that the Canada pension plan is sitting right in front of us with an administrative scheme right there for us to simply start adding investments to it, so that we can apply those pensions.
I know the government talks about payroll taxes, but really pensions are simple. We get out what we put in. If we want secure retirements, we put in more money now. It grows and we take it out.
I wonder if my friend could comment on that concept.