Mr. Chair, I applaud my colleague from Yukon. About every two or three days, I get an email or a question about something to do with pensions. The member is very connected to his riding and I know he is very concerned about the people in his constituency having a better future and a more positive future.
I would like to ask him for his comments on the recently released white paper document, which was as a result of 18 months of work with an expert working group across Canada. It contains 28 recommendations, one of which was the issue of the cost of living, which has been raised a couple of times by the member. Even though there is a difference between different provinces and different territories, there is one flat cost of living across the board. I would like the member to comment on that.
I also would like the member to comment on the supplementary pension plan program. The fact that $16 billion has gone into TFSAs, which is the tax free savings account, on a voluntary basis, proves that if we provide a good vehicle people will contribute.
The supplementary plan is an automatic enrolment with the ability to opt out. If people are employed they can contribute to Canada pension plan but if they are not employed they cannot. Therefore, the supplementary plan would provide farmers, the self-employed, caregivers and women who are at home with a vehicle to contribute toward their pension.
I would like to hear a comment from my colleague on that.