Mr. Speaker, we have been working hard to improve Canadians' retirement security. For instance, we cut taxes for seniors and pensioners by over $2 billion annually, including pension income splitting. We reformed the framework governing federally regulated pensions to better protect pensioners.
As we have said many times before in this place, CPP reforms continue to be examined by ourselves and provincial governments. We and many provinces want to ensure that any modest reforms reflect the current global economic reality.