Mr. Speaker, today, I have the privilege of presenting a petition signed by dozens of my constituents who are very concerned about their defined benefit pension plans.
The petitioners are calling on the government to resist the temptation to authorize the conversion of defined benefit pension plans into so-called shared risk plans, which would reduce the benefits paid out to retirees.
The petition also indicates that most Canadians do not have a pension plan. The petitioners are therefore also calling on the government to expand the Canada pension plan.