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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
Context: House Hansard - 233 - Oct/17/23
Ms. Julie Dzerowicz
  • Oct/17/23 1:08:46 p.m.
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Madam Speaker, there were many questions in there and I could spend a lot of time responding to them. She first mentioned our deficit. I do want to mention that our deficit is down from a projected 1.5% of GDP last year to 1.4% this year. I know that the Deputy Prime Minister and Minister of Finance is going to give a fall economic statement, so we will get the latest numbers some time very shortly. The hon. member ended off with a question on old age security. When we were first elected, we ensured that we reduced the retirement age to 65, so Canadians could have access to the old age security and GIS at that age. That was a huge benefit for our seniors. We have also increased GIS. We have also increased, by 10%, the OAS for those 75 and older.
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Context: House Hansard - 233 - Oct/17/23
Hon. Seamus O'Regan (Minister of Labour and Seniors, Lib.)
  • Oct/17/23 3:02:40 p.m.
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Mr. Speaker, the poverty rate among seniors has gone down significantly since we formed government in 2015, and that is because we increased the OAS, increased the GIS and reversed the Conservative policy of increasing the retirement age to 67. This was a policy that was not announced here in this chamber, nor was it announced in this country. It was announced by the prime minister of the day in Davos at the World Economic Forum, where the former prime minister also added in his speech that the Canada pension plan does not need to be changed. On this side of the House, we agree. The question is, do they?
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