The Bloc Québécois wants to force the Trudeau government to increase Canada’s monthly old age pension benefits by 10%. The measure would cost $3 billion annually. Is this additional expense justified?
Social and economic inequities are growing. Some seniors have accumulated substantial assets in real estate and pension funds and do not need these benefits to live. On the other hand, seniors who must rely solely on the Quebec pension and the Canadian pension are living below the poverty line in these times of food inflation and a housing crisis. Would it make more sense to cut the Canada pension outright for the wealthiest and instead increase benefits for those at the bottom of the disposable income scale?
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