Mr. Chair, with respect to the last question, it will not cost. It will save money.
Canada has one of the strongest retirement income systems in the world. The old age security program, which includes the old age security pension and the guaranteed income supplement, is one pillar.
We are gradually increasing the age of eligibility to ensure the sustainability of the program. As I said, changes in the program will be phased-in starting only in April 2023, with full implementation by January 2029, to ensure that Canadians have sufficient advance notification to plan for retirement.