Thank you, Madam Chair and Mrs. Kaegi. You've brought a great deal of quite pertinent information, I think. I was quite intrigued by a number of the things you said.
We've heard from a variety of witnesses, and a couple or three weeks ago the Canadian Labour Congress was here. They have quite an interesting proposal, and I wanted to ask you about it. They're suggesting that over the next seven to ten years, CPP contributions should be increased from 5.33% to 7.7% to double the CPP, and make sure that money is increased to the level where CPP could be more beneficial. Also, GIS should be increased by 15%, or about $110 per month, for seniors.
Does this suggestion strike you as a good beginning? Is this something we should recommend?