“Among income security programs in Canada, OAS is unusual in the generosity it shows to wealthier families. The income at which benefits are reduced, coupled with a low reduction rate, means a couple with a combined income exceeding $300,000 could conceivably still receive a small OAS benefit. These funds would be better spent if they were redirected to seniors in greatest need.”

— Maytree Foundation – Seniors’ poverty in Canada: Why it exists and why it doesn’t have to