Mr. Speaker, I have a question for the hon. member concerning his last remark, which I am afraid was highly misleading.
The important point that he neglects to make is that it would take 40 years for an increase in the CPP to be fully funded. Therefore, the benefit in its entirety would only go to somebody who is approximately 20 years old now and would have been contributing at the higher level for some 40 years.
A person who is 50 or 60 years of age would receive next to nothing out of the NDP's plan, unless the member is proposing that younger people subsidize the older people. Is that what he is proposing?