Mr. Gus Mitges (Grey-Simcoe):
Madam Speaker, in view of the fact that there has been no increase in the yield on government annuities since 1976 to reflect both the massive increases in the cost of living and the massive increase in interest rates, I move, seconded by the hon. member for Simcoe North (Mr. Lewis):
That the Minister of Employment and Immigration immediately act on the recommendation of his department made in February of 1976 that increases be reviewed from time to time to reflect further fluctuation of interest rates so that some measure of relief can be offered to those who purchased these annuities in good faith to supplement their income and retirement funds.
Subtopic: GOVERNMENT ANNUITIES
Sub-subtopic: CALL FOR REVIEW OF INTEREST RETURN-MOTION UNDER