Thank you, Mr. Chair.
I wish to quickly speak about something Mr. Caron mentioned, about this being potentially Paul Martin 2.0. I think if we are entering a period of Paul Martin 2.0 here in Canada, and for the next several years we see strong economic growth and a number of good things, the strengthening of CPP and working with the provinces on a number of matters, I think that's a great thing for Canada and for my riding of Vaughan—Woodbridge. So I will applaud that. Thank you, Mr. Caron.
On the issue of prudence, in a former lifetime I was a bond analyst, and one of our jobs was to look at tail risk and to look at what may happen on the downside. I think if you look at last year and the last 18 to 24 months, and you've seen where commodity prices have gone, and you continue to see a transition with the Chinese economy going from an industrial-like economy to a consumer-driven economy, and some of the challenges that we've seen in volatility in emerging markets, the 2016 budget contained an amount of prudence, the $40-billion adjustment to nominal GDP. From my point of view, it is actually being very prudent to taxpayers. It's being prudent in terms of the economy and in terms of making sure that we look at it from the big-picture approach, but it's also taking into account the issues at hand in terms of the volatility. I do want to put that on the record, and I'd be happy to hear your comments.
I also wanted to ask Mr. Cameron, again, regarding the issue in terms of the adjustment in old age security and GIS from age 67 to 65. Can you just reiterate what that actually meant on a “per cent of GDP” basis going out on that, because I think it's important for us to note?