Mr. Speaker, with the global economic recovery still very fragile, we need to be mindful not to impose costs on Canadians that would hurt the workers, certainly hurt the employers, and definitely threaten the recovery.
Canadians cannot afford to pay higher CPP payroll taxes. That is why we have brought forward pension income splitting for seniors, pooled registered pension plans, and tax free savings accounts. That is what Canadians are asking for to help them in their retirement years.