Mr. Speaker, I have a question for my esteemed colleague.
He has only good things to say about this new pension plan, but at the same time, the Prime Minister of Canada announced in Davos that cuts would have to be made to the income security system, because Canada would no longer be able to pay for pensions. If this system is so extraordinary and successful, why is it that they are not changing their actuarial studies in their conclusions?
In theory, if a pension plan is working, people no longer need the support of public pension funds like income security and the guaranteed income supplement.
Since that is not the case, this shows at the same time that they admit from the outset that the system is not working.