Mr. Speaker, I have two specific questions for the member about this proposed pension change.
First, the government cut back on tax-free savings accounts. It is concerned about people being able to save for retirement. Why not let people save for their own retirement?
Second, the government speaks, often, about concern for current seniors. It should be frank about the fact that this program is not aimed at current seniors at all. There could be a variety of mechanisms, such as cutting taxes for seniors and cutting taxes across the board, but especially for vulnerable seniors, that would actually help seniors who need the help right now.
Why is the government increasing taxes, which reduces the capacity to save, in a way that does not actually help our current seniors at all but adds an additional burden for our businesses in the present time. Why is the government proceeding in that direction, when it has much better, more effective alternatives available?