Canada Pension Plan
Madam Speaker, what concerns me most about the government is that on fiscal and economic policy affecting all Canadians, it says one thing one day and then takes a totally opposite view the next.
The Prime Minister opposed deficits, then it turned into a $10-billion deficit, and now we have a $30-billion deficit. The Minister of Finance is the same. Before he ran, when he was a pension executive in Toronto, he wrote a book called The Real Retirement that said that retirees were much better off than most experts were saying, but today he says that people cannot retire in dignity. In his book, he said that it makes little sense to incent early retirement, yet he then rolled back old age security modernization. Today he talks about this being the right time and says there will actually be job gains. That contradicts what his own department is saying, which is that there will be job losses as a result of these reforms.
On a morning when Bombardier has just announced 2,000 layoffs, amid an economic crisis in Alberta, the flight of capital, and the imposition of a carbon tax that will make manufacturing uncompetitive in Ontario, why is the government implementing yet another barrier to job creation in Canada?