Mr. Speaker, it is clear that Canadians are not saving enough for retirement. I do not think that is the fault of Canadians. It is the result of stagnant wages and insufficient employment income.
We in the NDP have proposed a number of solutions in this House, but clearly there is a lack of retirement savings, and as I mentioned in my speech, there is also a lack of workplace pensions. Only about one in 10 private-sector employees even has a defined-benefit pension in the workplace. In response to this lack of private savings and this lack of workplace pensions, what we need to do is expand the public pension system to ensure a decent level of defined-benefit pension coverage for all employees.
Of course, I wish the government had gone further in this regard, but it is clearly a sensible move and that is why all provinces are on side with it.