Thank you very much, Mr. Chair
I want to thank the witnesses for being here today.
I have one issue I want to get a comment on, and that is the issue of the old worker. When I read all the material, there seems to be a very common thread: that there's a looming demographic time bomb facing Canada, not only in your industries, but in every industry. I believe the birth rate is 1.41 now, or two-thirds of replacement.
A lot of the talk about immigration, foreign credentials, and participation rates with disabled people and aboriginal people is really nibbling around the edges. I see we've going to have a major problem here.
One of the issues I see and want to get your comments on, as to government policy and the older workers, is retirement age through government programs. CPP was reduced to 60, and labour benefits were reduced in retirement age. It's been driven down by about four or four and a half years. The average age used to be 65, now it's down around 60, I believe.
This is one issue—and not the only one—the government has to look at, and I want to get your comments. As an example, regarding tax policy, we have a shortage that has been described here by you people and the questioners--restaurants in Alberta and other places. Probably there are retired people getting the guaranteed income supplement who would love to work part-time and make a couple of hundred dollars a week. But if they do, they get a dollar-for-dollar reduction on their government benefit package, and that is causing problems. We are a healthier society.
Do your councils have any specific recommendations to government to deal with the whole issue of participation rates for the 60- to 70-year-old cohort? I know for some of you in the IT sector it's not as relevant, but it is relevant in other industries, such as the tourism industry, which is facing a crisis. It's probably not relevant to the mining industry, but it is relevant to other sector councils, and Mr. Cardozo would know them.