Mr. Speaker, my colleague's question is very good and I appreciate the opportunity to answer it.
We have goals, and because of the cost of living and all the other expenses that seniors have to bear, the CPP will have to go up. The proposal we are putting forward and what we are talking about are incremental changes. We are not talking about doubling it overnight. We are saying that the plan can carry incremental changes and we should be putting those in because it is the right thing to do. If CPP should double in 5, 10 or 15 years in the future, maybe the incremental changes could take it there.
When we look at CPP and the lack of increases to those payments in real terms, we have to listen to the researchers and economists when they tell us that Canadians who retire experience a huge drop in income and a growing number of seniors are living in poverty.
This is a sure way, the cheapest way and the safest way to reduce poverty and improve life for our seniors.