Mr. Speaker, this has nothing to do with common sense. This is about undermining our social safety net. This is about pitting one generation against another. Yes, there will be more seniors. We have known that for 40 years. What has been done? Nothing. The Conservatives have undermined health care, affordable housing and now they are undermining the old age security system.
The Parliamentary Budget Officer made it very clear. Yes, it will cost more but as we have an increased number of seniors we will also see an increase in our gross domestic product. Right now it costs 2.3% of GDP to support seniors. By 2030, it will be 3.3%, about the same as in the 1990s. By 2030, it will begin to decline right back down to where it is now, with a further decline to 1.4%.
This has nothing to do with supporting seniors of the future. It has everything to do with the fact that the government does not believe in being government, it does not believe in our social safety net and it does not believe in Canadians.