The Canadian Association of Retired Persons (CARP) proposes an increase to Canada's Old Age Security but it won’t lift most poor seniors out of poverty. Yet, it would pad the pockets of financially secure retirees and add more than $3-billion to the deficit.
In this episode of the Hard Truths pod, our social media coordinator Jennifer Fox joins Generation Squeeze founder, Dr. Paul Kershaw as he explains how some politicians and lobbyists wrap themselves in the language of helping poor seniors, but what they’re really doing is enriching households with six-figure retirements — all while governments rack up massive deficits and hand the bill to younger Canadians.
Generation Squeeze's Hard Truths