Mr. Speaker, we have to take action right now to make sure that there are funds there for seniors and the OAS system, not just for today's seniors but for the seniors of the future.
Old age security is funded through general revenue. The numbers are very clear. With the shift in demographics, we will have fewer people in the workplace taking care of a much bigger number of retirees.
We have to make some changes to make sure that those who are most vulnerable do have access to the program in the future, and that is exactly why we will take action and that is exactly what we will do.