Mr. Speaker, I have a very brief question for my colleague. I happen to know a couple in their late twenties who are working for their brother-in-law in a small business. Now, under the Liberal's Bill C-26, they are going to have to each contribute, as I understand it, $1,100, and the person who owns the business, who happens to be their brother-in-law, is going to have to match that money. If those folks were to invest in a savings plan, the TFSA or something similar, and the small business owner was allowed to use that money to expand his business, which would be better? Would it be better to put $1,100 of taxes into a CPP that will maybe pay something 40 years later, or save the money themselves? I wonder if he could give me an opinion on that.
In the House of Commons on November 4th, 2016. See this statement in context.