Thank you, Mr. Chair.
Thank you to the witnesses, again, for coming today.
I'd like to take a first opportunity, with my questions, to get back to basics.
Canada continues to confront a difficult situation, with respected agencies such as the IMF reporting that the next few months, if not longer, could be very difficult indeed, with the possibility of a global recession. Canada would certainly be impacted by that. Canadians rightfully have questions about the social safety net they've come to rely on, particularly in the past few years.
This question would normally go to ESDC, but they are not here today. I'm looking at volume I. Page 221 begins with a lengthy overview of the Canada pension plan. I'll direct this question to Finance, because that would be my second option, as ESDC isn't here.
In the most basic terms, how stable is the CPP for this generation and future generations? Can we say there is real confidence in the sustainability of the CPP? I ask the question because I have many constituents who worry and look at challenges in the country. They are not unique to Canada, certainly, but faced by democracies in general. They have basic questions about whether EI is going to be there. Last week we talked about EI; this week I want to ask a question about the CPP.
Whether it's Deputy Minister Sabia who wants to take that up or others, I put it to you.