Mr. Speaker, I would like to thank my colleague for having shared what I would call a completely unrealistic interpretation of reality. It was very entertaining, but alas, totally out of touch with reality. Allow me to explain.
The important thing to understand is that this government bill will force millions of Canadians to invest their savings against their will and take on the full risk of that investment in a series of private funds, without necessarily getting any guarantees about the quality of fund management.
In fact, that is already a problem. I would just like to point out to my colleague that, unfortunately, since the beginning of 2012, all stock exchanges have fallen by an average of 10%.
What does my colleague have to offer new retirees and those retiring in a year or two, other than an extremely high stress level that could end up forcing people to retire later than planned or to go back to work?