Pooled Registered Pension Plans Act (B)

Elizabeth May: Mr. Speaker, there are stories across the country of how our parents’ generation had to work hard without any notion of a pension.


I want to mention something. I hope the hon. member will not mind. The hon. member for York Centre made the same error. I would like to remind us all that we in this Parliament are the Government of Canada. The Prime Minister and the cabinet are Privy Council members, but as a Parliament we are the government. We too often refer to Conservative Party members, whose membership makes up all of Privy Council, as though they are the whole of government. We here as opposition members are also government.

In the view of the hon. member and in the view of the Conservative Party members, would Bill C-25 work for the mobility of workers? About half of Canadian workers have had five or more employers since they started working. Would this plan be viable when the contributions from employers are voluntary and when workers are so mobile?

Charlie Angus: Mr. Speaker, the member makes an excellent point. The new reality of working is that people move from job to job. The days of private pensions have been pretty much deep-sixed. However, people can bring CPP contributions with them.

I do not see anything in this bill that is different from RRSPs except the claim that employers can contribute. If employers really wanted workers to stay, they would say, “Hey, come work for me and I will contribute to your RRSP.” That is not going to happen.

We have a system that works, that is mobile and that people can take with them. Then we have this chimera that is being held out there. The government is trying to push it through as quickly as possible because my dear colleagues in the Conservative Party could not go home and sell this to their people.