Today, in a speech before the Annual General Meeting of the seniors’ organization CARP, NDP Leader Tom Mulcair announced that a New Democratic government would restore the age of eligibility for Old Age Security benefits to 65.
More than 300,000 Canadians over the age of 65 are currently living in poverty and an alarming number of them are in a fragile situation.
Eight million Canadians have no pension plan from their employer and many are unable to save enough for their retirement.
The Conservatives’ wrong-headed choices and reckless cuts to Old Age Security will have significant consequences not only for seniors, but for all Canadians, particularly the most vulnerable.
“In a country as wealthy as Canada, there is simply no excuse for such a massive failure to take care of our own. We must do better. Our seniors deserve better and our children deserve better,” Mulcair said.