Mr. Speaker, the finance minister seemed to be rather clear earlier today in saying that the government was not moving forward with the improvements to the Canada pension plan, something that we need right now because Canadians are at record levels of household debt.
Only 25% of people working in the private sector even have a company pension plan. RRSPs overwhelmingly benefit those who have a lot of money to save, but the squeezed middle class families are having a tougher and tougher time ensuring that they are going to be able to live with some kind of retirement security.
Why does the government not deal with the Canada pension plan now? Most provinces are behind it. The government should show some leadership and help out the middle class.