moved for leave to introduce Bill C-564, An Act respecting a Senior Consumer Price Index.
Mr. Speaker, I thank the member for Vancouver East for supporting me on this important bill.
When seniors get an increase because of CPI, they feel that they are being slighted because seniors do not buy electronic goods nor do they buy brand new cars. The way that the CPI is calculated, targeting what normal working people base their purchasing on, does not reflect the reality of seniors.
Therefore, I am introducing the bill today to try to target more efficiently to those areas that senior consumers need. I want to say that I am excited by this bill, which we call the seniors CPI protection act.
(Motions deemed adopted, bill read the first time and printed)