Mr. Speaker, the area that the hon. member is talking about is at least one of the foremost challenges facing any government today, and it does not really much matter whether it is Liberal or Conservative.
Does the hon. member have some comments with respect to not only moving up the age, but what the impact of moving up the age from 65 to something else would be in situations where there is a defined benefit plan which is in trouble? My recollection is that there is something in the order of 50% of plans that are not fiscally sustainable at this point, given the year and the date at which the beneficiaries would cash in. If the date were moved forward, or up, their fiscal sustainability would be there.
It would also have an interesting impact on the Canada pension plan. Right now, due to the work of the previous government, the Canada pension plan is fiscally sustainable for another 75 years. If there were small changes such as that, we would suddenly take the pension crisis that we are potentially facing and, as I say, it does not matter which government will be on that side of the aisle, change the entire conversation and the dynamics. How to deal with people who have legitimate expectations at 65 is another issue.
Has the hon. member given some thought to that kind of an issue?