Madam Speaker, the hon. member has it totally wrong. What we committed to Canadians was that we would protect their pensions, and that is exactly what we are doing.
However, we know that going forward the old age security system is not sustainable. With three times the expense of what we have right now and only half as many people to pay for it, it only makes sense that we have to take action right now not just to protect the pensions of our retirees of today, but those of future generations as well. That is exactly what we are going to do.