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Old Age Security is the largest program expense in the federal budget and is a driving force behind the federal deficit. 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. Generation Squeeze founder, Dr. Paul Kershaw explains why OAS reform was once politically untouchable and how things have changed.
By Generation SqueezeOld Age Security is the largest program expense in the federal budget and is a driving force behind the federal deficit. 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. Generation Squeeze founder, Dr. Paul Kershaw explains why OAS reform was once politically untouchable and how things have changed.