Mr. Speaker, CPP reforms continue to be examined by ourselves and provincial governments, but I want to note that many provinces share the concerns of small businesses and others if we increase costs during a fragile global recovery.
I want to cite something that was said during the election by Catherine Swift, president and CEO of the Canadian Federation of Independent Business, when she was talking about the NDP's suggestion to double CPP. She said: “That would mean probably about a 60 to 70 per cent increase in premiums from what we understand”.
That was very, very worrisome. So any tax breaks that were in the NDP platform were grossly outmatched by what it was going to ding--