Madam Speaker, we know that Canadians are not saving enough for their retirement right now. That $2 a day we would be expanding the CPP by would allow people who currently put that $2 in a jar and take it out every time their car breaks down or something happens in their family, to have that money stay in a fund that would allow them to have security and dignity when they retire. That is what our government is looking forward to our seniors having.
In the House of Commons on October 25th, 2016. See this statement in context.