Madam Speaker, I thank my friend for his speech. He is a very nice person and I have a great amount of respect for him.
Some members are saying that this is not the time for CPP expansion, but many of our retirees, at least in Hamilton Mountain, are suffering in poverty. The three main pillars when they went to work were the Canada pension plan, some of their own personal investments, and a private pension plan from work. However, people's private pension plans are now being eroded by bankruptcy protection. They have been wound up and they have been shortchanged. People did not have enough time to stretch it out. That is happening more frequently.
Knowing that that's one of the main pillars, does the hon. member not think we should now be putting in protections for our children and grandchildren to make sure that they do not have these problems? I know this is not going to fix everything, but it is one of the main pillars we can strengthen. Then we can work on the others.