Mr. Speaker, we have worked hard to increase retirement security for Canadians. For example, we cut taxes for seniors and pensioners by more than $2 billion, notably by allowing pension income splitting. We have worked with the provinces to look at proposals for other improvements and, as I said earlier, we are about to implement the pooled registered pension plan. The PRPP system will provide low-cost pension plans to millions of people who do not have a pension.
In the House of Commons on September 23rd, 2011. See this statement in context.