Mr. Speaker, I asked this question earlier of the minister, but I do not I got an answer, so I will try again.
We have a choice here between private savings and the private savings vehicles we strengthened as a previous Conservative government, and the current government's proposal to take away more of people's money essentially to save it for them.
We believe in the importance of savings, but one of the advantages of private savings is that individuals can save up for interim projects. It is not just retirement, but they can save money for a home, buy a home, and realize the value of that home in their retirement. They can save for education, put that money into an education, which then will give them increased earning potential in the future.
Our approach, which emphasis private savings, allows people to pull out of those savings for interim investments, which then will pay dividends in the long run. The government does not allow them to do that. It forces them to save for retirement and does not allow them to use those other savings vehicles for important interim projects.
Recognizing the advantage of private savings and of incentives for private savings over this model, would the member not agree with us that a better approach would be the changes we brought in, which the Liberals reversed, such as the tax-free savings accounts and perhaps further reforms to RRSPs to make the home buyers plan more flexible? Would that not be a better way to go rather than the direction the government has gone?