Mr. Speaker, the demographics are clear. We have heard a tremendous amount of thoughtful comment today on the position of OAS and its sustainability long term.
Let me read a quote by David Dodge, the former governor of the Bank of Canada, who stated:
—we’re at least 15 years late in getting started in raising that age of entitlement for CPP, OAS and the normal expectation as to how long people would work in the private sector with private-sector pension plans. That’s absolutely clear, and because labour participation rates will start to fall later this decade, we’re up against the wall.
This is not a partisan voice or a Conservative voice. This is someone of eminent qualification and respect. Would the member opposite please comment on David Dodge's comments.