Mr. Speaker, what we are saving is a system of retirement for all Canadians, for current retirees, for those who depend on OAS today and those who will depend on it tomorrow. I think all Canadians are entitled to a retirement that has a steady income and a good quality of life.
The changes we propose to the OAS system would begin in 2023 and be fully implemented by 2029. We have put them before the House and they have been debated now for more than two months.
It is the right way to go. This is a modest improvement that we think would ensure our system is there for all Canadians for many generations to come.