Mr. Speaker, when I was first employed, I discovered that I was not allowed to take home all my pay. I was getting paid $5.90 an hour, which was minimum wage. I did the calculation on my hours worked and on how much I should be paid. However, I was told that I had to pay CPP, taxes and all sorts fun stuff, which was deducted from my wages. It was a bit of a shocker to me. However, retirement was not on my radar at that point either. It was something that cued me to look at this.
The system is in place and many people rely on it. I am not in any way advocating that we should get rid of it. What I am saying though is that it is just one of the tools that Canadians are using to fund their retirement.