Mr. Speaker, if we were to leave the OAS security system alone, there might not be an OAS security or an OAS system for future generations. It is very possible.
Right now there are four workers paying taxes into general revenue for every retiree and OAS gets paid through general review. In the not too distant future, there will only be two taxpayers, two working people for every retiree. That is not sustainable.
Our goal is to protect and preserve OAS for this generation and future generations.