Mr. Speaker, probably the segment of society which is in the most perilous position financially is the widows of men who worked and who did not have a private pension plan. They were stay-at-home moms who did not work outside the home. They are now left with the old age security and a guaranteed income supplement.
This whole new regime-added deduction from the paycheques of employees only serves to make the economy weaker. Conveniently, though, for the Liberals, what it would do is provide a new pool to invest in all their ideological schemes.
It is no wonder Kathleen Wynne and the Toronto Liberal Party were so keen to set up their own version of the CPP.
Changing the CPP at this time is a bad idea.