Madam Speaker, I know my colleague has been working extremely hard and diligently on developing a policy that would properly protect Canadians in retirement.
Many constituents in my riding worked for Nortel. Also some work for Air Canada. The message I get from them all the time is that they are worried. In the case of Nortel, they have taken a major hit in their pension because of that company's bankruptcy. However, some of my constituents work for big companies that are in financial difficulty and they are worried about the future of their pensions.
These Canadians are not looking for another private pension plan in which to invest. They want to invest in something solid that is risk-diversified and that has low administrative fees. By bringing in a supplemental CPP/QPP, we would be providing those people, my constituents, with an additional opportunity. We would expand choice, and that is a good thing.