Mr. Speaker, it is my pleasure to explain a few more details to my colleague opposite.
First, the reality right now is that more than 60% of Canadians do not have pension coverage. That is a very serious reality. Given that, with this legislation we are enabling Canadians to help themselves, to take charge.
We have just created 750,000 new jobs, but if the average experience in the Canadian workplace applies to those jobs, some of them may not have entitlements. We have created those jobs, and now we are creating an opportunity for those people to save for their future, enabling them to accept that responsibility and to be helped with lower-cost opportunities for that saving.