OAS must be increased
Posted on July 7, 2015 in Social Security Debates
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EdmontonJournal.com – Opinion/Letters
July 6, 2015. S. Boudreault
Between 2007 and 2010, as poverty rates were falling in many OECD countries — the world’s wealthiest industrialized nations — in Canada they actually rose about two percentage points. The OECD report, released in 2013, also pointed out that government transfers make up less than 39 per cent of the gross income of Canadian seniors, compared with the OECD average of 59 per cent.
Statistics Canada reported in December 2014 that 600,000 seniors live in poverty, including more than one in four singles. A senior who receives the maximum permitted for the CPP (Canada Pension Plan), OAS (old age security) and GIS (guaranteed income supplement) lives below the poverty line, yet the federal government won’t place on its agenda an increase to OAS. For shame.
S. Boudreault, Edmonton
< http://www.edmontonjournal.com/opinion/letters/Monday+Letters+size+fits+education/11187017/story.html >
Tags: budget, ideology, pensions, poverty, standard of living
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