Mr. Speaker, above and beyond maintaining our seniors' quality of life and preserving the dignity of workers who retire, there is another economic factor that is important to consider when it comes to pensions.
When seniors become impoverished, our society as a whole is affected. If the purchasing power of a large segment of the population is diminished to the level of a subsistence income, many Canadians will have to absorb those losses.
Our economic system is built on a delicate balance that we absolutely must maintain. Businesses, services, the tourism and recreation industry—everyone suffers when the government goes after seniors' pensions.
Can the member give us a clear idea of the government's plan to stop this increasingly shameful situation from getting even worse?