Madam Speaker, clearly these are issues that are of extreme importance. I have been asking questions of the minister for more than 650 days about just what the plan is. We have been told for more than 650 days that there is a plan, but nothing is being done currently that is going to have any kind of a vision for the future. Our supplementary Canada pension plan program that we are suggesting and we want to move forward with is a way to offer another vehicle for Canadians to be able to save money for retirement.
Clearly as a result of the bankruptcies we have heard about over this difficult last couple of years, many pensioners are also looking for other vehicles to help them. We were suggesting that a stranded pension agency be created so that when companies are going bankrupt, instead of individuals having to receive those pension moneys in an annuity and losing 30%, 40% or 50% of their savings, that could be folded into a stranded pension agency that the government would oversee.
Quebec already did this some months ago because it recognized the problem. We are still waiting for the government to do something for the Nortel pensioners and for those on long-term disability who are suffering. We have a bill coming up in the Senate that asks for that very issue, to try to get the government to support it so that we can help those on long-term disability.