I think when we know that we're heading to a wall, fiscally speaking, or to difficult decisions, the sooner we collectively as a nation or you as legislators have these discussions and come to a resolution, the easier it is to make these changes. We saw that in the 1990s with the CPP and the QPP when it was deemed necessary to increase the rate to face the upcoming wave of retirements. Had governments waited longer, it would have been a different story. We know we'll be faced with health care costs that will go on increasing. The choice is to do something now, or to do something later, but it won't be cheaper if we wait.
On December 7th, 2022. See this statement in context.