I can't explain exactly how the calculations are done, given that the calculations are done by the Office of the Chief Actuary, specifically the chief actuary of Canada. I don't have the complete 32nd actuarial report in front of me. I just have the summary, but I do believe that the assumed inflation rate over the next 75 years is 2%, or in that ballpark, which is based on the Bank of Canada and its inflation targeting practices.
