Mr. Speaker, Canadians want to see reforms to the Canada pension plan. Canadians want and deserve the opportunity to retire with dignity.
Our government, under the leadership of the Prime Minister, has illustrated our unwavering commitment to assisting senior citizens. Our government has increased guaranteed income supplement payments for single seniors. Our government has rolled back changes to old age security, reducing the eligibility age back to 65 from 67. Our government has invested in affordable housing infrastructure.
This legislation governing the Canada pension plan requires that individuals who make additional contributions receive the increase in benefits associated with higher contributions. This reform was established in the 1990s to ensure that the Canada pension plan remains fully funded and financially sustainable.
Canadians are asking for a more secure retirement, and our government plans to do just that.