People are living longer than when the program was first designed.
old age security
October 13, 2024
6:30AM
Under the plan, a senior couple with a combined household income of nearly $300,000 will receive an increase in OAS payments.
November 21, 2023
1:00AM
June 8, 2022
8:13AM
Life expectancies have increased considerably since these programs were designed.
May 10, 2022
10:55AM
The ratio of seniors to the working age population is expected to almost double from 20.3 per cent in 2010 to 38.4 per cent by 2040.
February 15, 2022
1:00AM
June 17, 2021
11:37AM
The number of Old Age Security beneficiaries is projected to double between 2019 and 2060.
June 17, 2021
8:08AM
The share of Canadians age 65 or over is forecasted to rise from 17.4 per cent to 22.5 per cent.
May 6, 2021
8:17AM
The government expects to borrow $331.9 billion over the next five years, bringing the national debt to at least $1.5 trillion.