Madam Speaker, of course my colleague does not get it. He did not hear the last part of my comments about killing this regressive bill that would not do what says it would do.
Two things occur when the Liberals force people, as they are doing, to put $1,000 more into their retirement funds. First, the worker may not have $1,000. Where is he going to get it? He or she is going to have to go to his or her employer and ask for a raise. That is in addition to the fact that the employer has to match those funds and also put them into the Canada pension plan. If the business has 10 employees, this would end up costing the small business $10,000.
The Liberals have said this bill is to enhance the CPP, but it is more likely to be interpreted as an entitlement. It is another example of government knowing what is best, when really, if the Liberals were to allow the opportunity for those to invest in some of the plans I have already outlined, they might be better off on their own.