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Federal government’s OAS increase typifies bad policy
The government expects to borrow $331.9 billion over the next five years, bringing the national debt to at least $1.5 trillion. ...
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Trudeau government COVID assistance lacks proper targeting
There was a time when the policy debate in Canada focused on how generous government assistance should be for those in “need,” mainly low-income Canadians, resulting in targeted programs such as welfare for the working-age population, ...
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2016 census—Canadians are living and working longer
Statistics Canada recently released the latest data from the 2016 census. One of the biggest takeaways: seniors are working later in their lives and living longer than ever. Indeed, in 2015, the labour market participation among seniors ...
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Canada must prepare for our aging population
Appeared in the Toronto Sun, November 26, 2017 Canada, like all industrialized countries, is experiencing an aging population. Unlike most industrialized countries, however, Canada is doing almost nothing to prepare for the implications of an older ...
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The Age of Eligibility for Public Retirement Programs in the OECD
All industrialized countries, particularly those in the OECD and including Canada, are experiencing an aging of their populations. Of the 22 high-income OECD countries apart from Canada, 18 of them (over 80 percent) (Australia, Austria, Belgium, ...
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Canada’s aging population will strain government coffers
Appeared in Maclean's, October 31, 2017 Last week’s fall fiscal update signalled the federal government’s continued preference for running budget deficits, regardless of the state of the economy. The story is similar across Canada’s provinces where ...
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Canada’s Aging Population and Implications for Government Finances
Despite broad public awareness that our society is aging, very little has been done by governments across the country to prepare for the marked aging that has already begun. This study examines the fiscal pressures, specifically the demand for greater ...
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Calls for More Policy Reversals
Appeared in the Globe and Mail, February 7, 2017 The federal government’s economic advisory council led by the managing director of global consulting giant McKinsey and Company has called on the federal government to reverse several of its most high ...
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Understanding the clawback of OAS benefits
October 1 was National Seniors Day and Daphne Bramham of the Vancouver Sun commented on the mix of transfers to seniors compared to Canadians under age 45. It was an interesting and worthwhile piece, though it didn’t include a critical ...
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Reforming Old Age Security: A Good Start but Incomplete
Appeared in the Financial Post In 2012, the federal government shocked many Canadians by announcing an important change in the cherished Old Age Security (OAS) program, one of three key income programs for seniors. The reform, which was implemented in the ...