Madam Speaker, let us take the politics out of it and talk about the ideas.
I think it was economist Rhys Kesselman in 2001 who did the groundwork on the concept of the tax-free savings account that laid the track toward that particular measure. Even he suggested that the doubling that had been suggested by the previous government would really only advantage the very wealthy, the people who, logically, had the money to put in. At this time of high personal debt, having the extra money to put in becomes a little harder. Other people have said that only about 16% of Canadians actually max out at the current level. That is where we might tend to differ as to the best approach.
I want to talk about pensions. Over a period of time, international pressures and mobile capital have meant that people can move money and capital all over the world. We have lost a lot of good jobs. About 60% of Canadians in the private sector do not have company pension plans.
As we look to the future, I would like to ask the member what other measures he would suggest, other than beefing up the Canada pension plan or ignoring—