Globe & Mail Editorial Board
The next steps the Liberals must take to restore Canada’s fiscal stability. The Globe and Mail, November 9, 2025
...no responsible fiscal plan is possible without reining in the costs of Old Age Security payments. Right now, OAS payments are sent to seniors whose retirement years are amply secure. A couple with an $181,000 household income would together receive annual payments of nearly $18,000, without benefits being clawed back. Taxing poorer, younger Canadians to cut cheques for wealthy retirees is nonsensical at the best of times, and incomprehensible when debt costs are surging.