Mr. Chair, according to that bank report, well known and well publicized, 5.8 million Canadians, nearly a third of our workforce, are facing a steep decline in the standard of living on their retirement.
My next question is this. Did the Department of Finance tell the minister of state this in a report it wrote?
In the long run, expanding the CPP would bring economic benefits. Higher savings will lead to higher income in the future and higher consumption possibilities for seniors.
Did the minister know that the Department of Finance wrote that?