Thank you very much, Mr. Chair.
Thank you to our witnesses for being here. This has been very engaging testimony today.
I'll start with a question based on the place where I gained half of the lessons I've learned since I entered politics, and that's at a table in Tim Hortons in the town of Pictou, where a local resident who was interested in the CPP and in giving me political advice said that what the federal government ought to do if it wanted to try to win some votes—not that that's what it's about—is to bump up benefits for seniors. They pointed specifically to the CPP, because it had had a history for quite a few years of having higher earnings than payouts.
However, I have some concerns around Canada's demographics and the fact that in my home province, Nova Scotia, we have an aging population as significant as anywhere else, although it's a problem right across the world and certainly within Canada.
I'm curious as to whether our witness can shed some light on whether the Canada pension plan is sustainable in its current form, whether in fact the lessons I learned at Tim Hortons are valuable, and whether it's doing so well that we could actually afford an increase in the CPP to help seniors living in retirement.