Pensionable age increase disputed

Over the next 10 years, more than four million Canadians will be turning 65

To the editor;

It seems all but certain that Stephen Harper is set to hike the qualifying age for the Old Age Security (OAS) from 65 to 67. For our most vulnerable seniors, that means they will go without $30,000 of much needed support for two additional years. For you, it may mean significantly altering your plans for retirement.

And you are not alone. Over the next 10 years, more than four million Canadians will be turning 65. Unless you are set to retire with an annual pension of over $112,000, Harper is telling you to rethink your plans.

Harper is blaming the baby-boomers. But as the retirement wave peaks in 2031, the increase spending on the OAS will only increase by 0.7 per cent of Canada’s overall economy.

So why is Harper doing this? Because fundamentally, Stephen Harper believes that the government should have no hand in helping seniors in their retirement, and no hand in helping Canadians plan for their retirement. He’s still the same guy who said the Canada Pension Plan should be scrapped back in 1998. Government involvement in the financial security of Canadians stands counter to Harper’s ideology.

As Conservatives choose to take benefits away from seniors, Liberals will continue to fight for balanced pension reforms that will ensure Canadians financial security in their retirement.  Liberals will fight for a voluntary supplemental Canada Pension Plan that will provide a low-cost, high-return, universal option that Canadians can rely on.

Hon. Judy Sgro, MP

Liberal Party Critic for Seniors and Pensions

 

 

Just Posted

File photo
BREAKING: Fuel tanker fire closes Highway 24

Emergency crews are on scene on Highway 24 at Cartwright Road.

Residents line up outside the Vernon Recreation Complex for their COVID-19 vaccine Saturday, June 5. (Jennifer Smith - Morning Star)
No appointments necessary for first dose COVID-19 vaccine: Interior Health

People can just show up at clinics, register on the spot and get the shot

(TNRD Library)
Let the mystery of the Summer Reading Club begin

Are you ready to ‘Crack the Case’ at the Barriere Library?

(Metro Creative photo)
Gardeners of all ages invited to enter 2021 NT Fall Fair contests

The North Thompson Fall Fair Drive Thru scheduled for Saturday, Sept. 4,… Continue reading

Milsom Lodge was built in the East Barriere Valley when the Milsom brothers purchased two parcels of land in 1911, DL 2323 and DL2324. (Milsom’s photo)
The Milsom Lodge: The mansion, the ballroom, the history

“At the turn of the century, when so many families were leaving… Continue reading

Canadian Prime Minister Justin Trudeau participates in a plenary session at the G7 Summit in Carbis Bay, England on Friday June 11, 2021. THE CANADIAN PRESS/Adrian Wyld
Canada donating 13M surplus COVID-19 vaccine doses to poor countries

Trudeau says the government will pay for 87 million shots to be distributed to poor countries

Indigenous Services Minister Marc Miller is seen during a news conference, Wednesday May 19, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Indigenous child-welfare battle heads to court despite calls for Ottawa to drop cases

Feds are poised to argue against two Canadian Human Rights Tribunal rulings

The Great Ogopogo Bathtub Race has been held in Summerland as a fundraising event. Do you know which Canadian city introduced this sport? (Black Press file photo)
QUIZ: A summer’s day at the water

How much do you know about boats, lakes and water?

Two-year-old Ivy McLeod laughs while playing with Lucky the puppy outside their Chilliwack home on Thursday, June 10, 2021. (Jenna Hauck/ Chilliwack Progress)
VIDEO: B.C. family finds ‘perfect’ puppy with limb difference for 2-year-old Ivy

Ivy has special bond with Lucky the puppy who was also born with limb difference

A million-dollar ticket was sold to an individual in Vernon from the Lotto Max draw Friday, June 11, 2021. (Photo courtesy of BCLC)
Lottery ticket worth $1 million sold in Vernon

One lucky individual holds one of 20 tickets worth $1 million from Friday’s Lotto Max draw

“65 years, I’ve carried the stories in my mind and live it every day,” says Jack Kruger. (Athena Bonneau)
‘Maybe this time they will listen’: Survivor shares stories from B.C. residential school

Jack Kruger, living in Syilx territory, wasn’t surprised by news of 215 children’s remains found on the grounds of the former Kamloops Indian Residential School

A logging truck carries its load down the Elaho Valley near in Squamish, B.C. in this file photo. THE CANADIAN PRESS/Chuck Stoody
Squamish Nation calls for old-growth logging moratorium in its territory

The nation says 44% of old-growth forests in its 6,900-square kilometre territory are protected while the rest remain at risk

Flowers and cards are left at a makeshift memorial at a monument outside the former Kamloops Indian Residential School to honour the 215 children whose remains are believed to have been discovered buried near the city in Kamloops, B.C., on Monday, May 31, 2021. THE CANADIAN PRESS/Darryl Dyck
‘Pick a Sunday:’ Indigenous leaders ask Catholics to stay home, push for apology

Indigenous leaders are calling on Catholics to stand in solidarity with residential school survivors by not attending church services

Most Read