Thank you, Mr. Chair.
Ladies and gentlemen, welcome to the Parliament of Canada and to this parliamentary committee.
My first questions are to the representatives from the CSN. Ms. Lévesque, Ms. Joncas, Mr. Enault, welcome to Ottawa.
You have expressed your support for the spirit of the bill, but nonetheless underlined two points that are of concern to you. First, there is the question of time. Yesterday, experts from the Department of Finance confirmed to us—to use the image of the wheel turning—that it would take 40 years for the real impact to affect all Canadians directly and that those who are currently retired would not benefit from those improvements. You have concerns about that. You want the wheel to turn a little faster, which is understandable.
Furthermore, my understanding is that you don't want the increase to apply to the low income earners. Is that correct?
Earlier, you looked at Ms. Joncas and mentioned an acronym. Could you clarify that?