We're finding now that hundreds of thousands of young people are neither in the workforce nor in school. I think that presents a real challenge for the future, that they're not getting a foothold in the job market.
Most Canadians don't have a private pension plan and they're not able to put money away in RRSPs. Delaying getting OAS for a couple of years not only impacts them to the tune of thousands of dollars, but it will also have an impact on their local economy, because people don't have that money in their pocket to be able to go out and buy things for their home or to travel or spend money to keep the economy going.
Do you have any thoughts about that, about taking this money out of the hands of seniors who could be spending it in the local economy?