Mr. Speaker, let me say that in our society we are quite unlike that of Stalin, unlike a communist state where it is a totally planned economy. We do not have a totally planned economy. We have an economy that allows businesspeople to exercise their entrepreneurial spirit, thereby achieving the best they can for their employees and for the economy in general.
What the member opposite should know is that there are many ways for people to achieve retirement. One way is through their principal residence that they would have built and renovated as they contributed to its mortgage.
Another way is if people are lucky enough to have a company pension plan. That is fine, but if they do not have that, like most small and medium-sized businesses, this is what the pooled registered pension plan would do.
The member mentioned that the RRSP is another tool that only the rich can afford. That is not true. I think what we are doing is giving the employees or the individual businesspeople that option to decide how they want to save their money. Certainly the tax-free savings account is another option we have provided.
There is an array of tools people can use to plan for their own pension.