Mr. Speaker, with the global economic recovery still fragile, we need to be very mindful not to impose costs on workers and also on employers that could threaten the economy.
The NDP plan to raise the CPP payroll tax could force a family to pay as much as $2,600 more per year in taxes. While our economy is still fragile, the NDP's irresponsible plan could kill up to 70,000 jobs. Those members should know that it is difficult for someone to have a retirement plan for tomorrow if they do not have a job today.