Madam Speaker, the current situation is the impetus for what we are doing with CPP. However, we are reversing the OAS back to age 65 and we have increased the guaranteed income supplement and its eligibility as well. We are taking actions to address the seniors who are retiring now. At the same time, we are preparing the next generation to help take care of the seniors who will be retiring then.
In the House of Commons on November 14th, 2016. See this statement in context.