Thank you, Mr. Chair.
My thanks to Mr. Page for coming today. I do appreciate it.
On page 4 of your report you indicate that the elderly benefits are projected to rise relative to the size of the economy from 2.2% of GDP, which is $36 billion in 2010-11, to 3% of GDP, which is $110 billion. That's a significant rise by 2031 in elderly benefits. That's fair to say. It's three times more in real money terms.