Maytree Foundation

Seniors’ poverty in Canada: Why it exists and why it doesn’t have to. April 2025

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.