Madam Speaker, what is missing from my colleague's speech is any critical analysis. What is interesting is that he made reference to the move of benefits for old age security from age 67 to age 65. What he does not understand is that our economy actually needs people to stay in the workplace longer. That political move made for the election has actually been criticized by Dominic Barton, the chief economist on the finance minister's advisory council.
An analysis of the expansion of the CPP he talked about said that it will actually lead to thousands of job losses, because it is a tax on small business, an input tax. It predicted that in the future, only five per cent of Canadians would be helped by those changes. Much like we heard in the House today, there would be extra spending, extra tax on businesses, and the loss of jobs to help only a very small number of people.
When Dominic Barton himself and the chief actuary of Morneau Shepell, Fred Vettese, criticize the move from 67 to 65, does that member not agree that the government needs to think better about Canada's long term?