Mr. Speaker, I thank my colleague for his speech.
Something similar was tried in Australia more than a decade ago, and the results were not encouraging. After a dozen or so years, people did not have more money. Their investments did not do better than the rate of inflation.
The members of this House know that the Canada pension plan has barely lost any ground, with barely a 1% drop in interest, while the stock market, in which the government would like Canadians to invest more of their pension and retirement savings, has declined by 11%. I would like to hear what he has to say about that.