Here's my answer, and Monsieur Ménard may want to add to this. I have a serious problem with those people who say, why don't we just double the CPP and forget all this other stuff? So we move the contribution rate from basically 10% to 20% and drive on. That's a hugely complex issue, because if you move all workers, 25-year-olds and 64-year-olds, all with a 10% increment, then that next year's benefit that the 64-year-old is going to earn starts one year later because he hit 65. The 25-year-old pays the same 10% of pay and his incremental benefit doesn't start for 40 years.
On April 28th, 2009. See this statement in context.