Mr. Speaker, Bloc members say they do not know what the money is being used for, but they were on the committees that approved the spending. They know that this money has been used to complete the transformation of a 60-year-old system. If we had let that system stand, people would not be getting their benefits. This program is not costed in a cost-overrun situation, as they would assert. This has cost just over $1.4 billion, and the OAS conversion is now complete. The amount they are talking about is a theoretical approval for a possible four-system transformation. This OAS system is now complete, people are being transitioned, and there are no cost overruns.
In the House of Commons on February 23rd, 2026. See this statement in context.