Instead of raising the retirement age and distressing seniors with low-income the government should have prevented wealthier Canadians from receiving Old Age Security; not only would this have been fairer but would have saved hundereds of millions of dollars more.
It makes sense that Canadians who are 65 and older and who make over a million dollars don’t receive an Old Age Security Pension; they certainly don’t need it. But what doesn’t make sense is that under the current reforms made by this Conservative government, a 67 year old senior who will make $100,000 will still receive OAS while a
. . . → Read More: The Scott Ross: How Old Age Security Should Have Been Reformed