We're championing a simple reform to Canada's outdated retirement policies. By reducing cash payments to affluent retirees with incomes over $100k, Canada could save $36 billion over five years. That's enough to eliminate poverty for ALL seniors and invest in affordable housing, child care, and education for younger Canadians.

Fix OAS

This policy change would leave fewer unpaid bills for future generations, as governments across Canada struggle with ballooning deficits. Canada's retirement system was designed when there were seven workers to support each retiree. But there are now only three workers to support every retiring baby boomer. That means the tax burden on each younger person has grown heavier, which is particularly unfair given that they're squeezed by greater financial insecurity.

Read our Tax Burden Report

When revenue falls short of rising costs, the predictable result is a big hole in government budgets. The hard truth is we can't balance budgets without tax increases or cuts to the biggest ticket items – public pensions and medical care for retirees. We're pushing governments to close these spending and revenue gaps in ways that are fair to all ages.

With living costs on the rise and spiraling housing prices that are disconnected from earnings, it’s time for a Tax Shift. Let’s tax incomes less, especially for lower and middle earners. Let’s tax wealth more, especially windfalls from rising home prices that help drive up harmful unaffordability for younger people and renters of any age.