Mr. Speaker, I thank my colleague for his question, and I have really appreciated all the comments that have been made during this debate. Certainly, I appreciate that we have a public square right here that respects the diversity of opinions.
Finance Canada's own analysis shows that the higher CPP premiums would hurt our economy. We know it would reduce employment by 0.04% to 0.07%. That is 1,050 fewer jobs per year for 10 years. We know it would reduce the GDP by 0.03% to 0.05%. We know it would reduce business investment, it would reduce disposable income, and it would reduce private savings over the long term.