Mr. Speaker, in my business experience, I have run corporations that had a few professionals up to 400. In looking at Canada's overall retirement system, it is a very balanced system and there are many options for employees to choose from. For example, first and foremost, there are capital gains on the principal house someone lives in, but it is not taxed on disposition as one retires. Second, there is CPP and for those who fall under the threshold, they are supplemented by GIS and so on. There is also the pooled registered pension plan and the registered retirement savings plan. These are elements for retirement benefits.
In the House of Commons on December 9th, 2013. See this statement in context.