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John Stapleton has an opinion piece out on Prime Minister Harper’s proposed changes to Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). I find the following quote from Stapleton to be particularly troubling: By providing OAS and GIS at age 65, Canada has greatly reduced the incidence of poverty among seniors. By moving the [...]
Posted by Nick Falvo under Conservative government, CPP, demographics, fiscal federalism, income support, Old Age Security, older workers, pensions, population aging, poverty, retirement, seniors, social policy.
February 19th, 2012
Canada’s population, we are frequently told, is rapidly aging. The big baby boomer cohort is headed out of the workforce, meaning that we face a future of very slow labour force growth and even possible shortages of workers. CIBC Economics has just gone so far as to argue that the Bank of Canada can afford [...]