I would like to obtain it because the Conservative government announced that it was increasing or raising the age of retirement, in other words the age at which people can receive Old Age Security benefits, from 65 to 67. This will force people who have difficult jobs to continue to work at 65 and 66. This is approximately $30,000 the Conservatives will be taking from the pockets of Canadians through this measure, which was announced in Davos in front of the Prime Minister's billionaire friends.
Without any increase to public retirement plans, what do you believe will be the impact of this measure on low-income workers who do not have enough money to contribute to their RRSPs or set money aside for retirement? These two extra years of work are going to have a major impact. The fact that they have been forewarned will not mean that people earning $10 to $12 an hour will have enough to invest in their RRSPs. They are already having a hard time paying off their bills and their debt load is already over 150%.
Have you assessed the impact of raising the age of retirement from 65 to 67, in other words the age at which people will be able to receive OAS payments?