Mr. Speaker, I thank my hon. colleague for his input and look forward to working with him in the future on this and other issues of importance to Canadians.
The recent passage of Bill C-9, the Jobs and Economic Growth Act, implemented important changes to strengthen federally regulated private pension plans. We will continue to strive to make an already strong foundation of pension services and retirement security even stronger. That said, pension reform must be undertaken with due deliberation. That is why we have taken great care to get input from Canadians from coast to coast and why we have been continuing to work with our provincial and territorial colleagues.
At the end of the day, Canadians can be sure that the government, within its legislative mandate, will make the tough choices and do the right thing to protect the retirement income of Canadians.