Thank you so much for that question. Again, thank you for the work this committee is doing on this very important study.
I'm going to finish the answer that I started with Mr. Richards with respect to the fact that times have changed when it comes to providing benefits and supports to our veterans. As I indicated, the needs of veterans from the First World War and the Second World War are very different from those of our modern-day veterans today. One of the reasons that review of the pensions was done back in 2006 and again in 2017 was specifically to ensure that we could meet the needs of the veterans who have served our country in different missions.
If we look back to 2006, what was brought forward was agreed upon by all parliamentarians in the House of Commons. In 2017—the minister at the time was Seamus O'Regan—we reviewed the benefits that were available to veterans. At the time, we wanted to ensure not only that financial benefits were going to be provided to our veterans, but also that we had a holistic approach to making sure we could provide our veterans with the services they needed. As a result, the new pension under the Veterans Well-being Act came in.
I want to recognize that we really wanted to focus on the seven.... When we talk about well-being for veterans, we want to make sure that we are really considering all levels of well-being, and that's not just financial well-being.
When I spoke to case managers in the past, they indicated to me that in previous years, before the new version of the pension was brought forward, they could not offer any services to our veterans at all. If people wanted to go back to work, let's say, and they needed to address some barriers or they needed vocational services or vocational counselling, none of that was available. With this new version, we are able to not only provide them with financial compensation in pensions, but also make sure that the seven domains of wellness are being addressed as well. It provides a package to make sure that we are addressing the needs of the veterans of today, and if they want to re-enter the workforce, they will have access to some of those benefits as well.
Today's reality for veterans is very different from that of many years ago. The average age of exiting members of the Canadian Armed Forces right now is approximately 37 years old, so many of them have many more years of their career ahead of them. We want to make sure that we not only equip them for the challenges of today but also equip them for opportunities in the future.