Old Age Security: National Poll Reveals Majority of Canadians Want Change
A new national poll shows 3/4 of Canadians, including seniors, support reforming Old Age Security in order to eliminate seniors’ poverty and improve affordability for younger generations.
Old Age Security — the largest program in the federal budget. It’s THE LINE ITEM that has absorbed the most new tax dollars over the last decade and will continue to absorb the most in the years ahead if reform doesn’t happen soon.
A new national poll shows 3/4 of Canadians, including seniors, support reform so that benefits are reduced for higher-income households, and the savings are repurposed to eliminate seniors’ poverty and improve affordability for younger generations. In this episode of the Hard Truths Pod, Generation Squeeze founder, Dr. Paul Kershaw explains why OAS reform was once politically untouchable and how things have changed.
