Mr. Speaker, the idea of a reliable pension plan requires it to be responsibly managed, but there is a great record of success when it comes to the Canada pension plan that shows it has been successfully managed to date. If there are proposals on the table that would imply unsuccessful management, then those are bad proposals. But they do not preclude the idea of expanding the Canada pension plan and its benefits. That is a question about how the fund should be managed.
I think it is also important to talk about the fact that there are a lot of irresponsible things done with people's retirement savings by private investment funds and the banks they invest with. It is a fiction to pretend that somehow there is a big risk by investing retirement savings in the Canada pension plan and that somehow if people deposited those funds in their bank or some other private financial planner, their savings would be perfectly safe. I would argue, from the evidence, that Canadians have a lot more to worry about from private investment options than they do from the Canada pension plan, which has a long public track record.