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House Hansard - 155

44th Parl. 1st Sess.
February 7, 2023 10:00AM
  • Feb/7/23 11:02:43 a.m.
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Madam Speaker, inflation is caused by more than 20 different factors, one of which is a labour shortage. The Century Initiative, led by certain McKinsey executives, recommended encouraging people aged 55 to 74 to return to the workforce if they had retired. Pensions are fixed incomes, and pensioners are the most affected by inflation. My question is this. Was increasing pensions for only those 75 and over really just an implementation of the Century Initiative approach, which ultimately hurts those aged 65 to 74?
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  • Feb/7/23 12:33:42 p.m.
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Mr. Speaker, I would like to read from the Parliamentary Budget Officer's report: The carbon pricing system is revenue neutral at the federal level, so any federal revenues generated under the system will be returned to the province or territory in which they are generated. Households will receive 90 per cent of the revenues raised from the fuel charge proceeds via a direct federal rebate. Similar to the results of our May 2019 report, we estimate that...households will receive higher transfers than amounts paid in fuel charges. Where did my hon. colleague find the numbers he mentioned? For households that would not receive the same amount, what is their income level?
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