Friday, January 27, 2012

Harper to crack down on OAS?

http://www.theglobeandmail.com/report-on-business/ottawa-on-track-to-beat-deficit-target/article2317307/

In separate speeches Thursday, Prime Minister Stephen Harper and Treasury Board President Tony Clement struck a harsh note of austerity about the government's future plans.

Mr. Harper stressed his government's desires to slash spending with cuts to Canada's pension system, particularly the Old Age Security benefits and noted he has already moved to reduce growth in health-care financing. Mr. Clement said the government is looking to achieve even more savings from cuts to the public service, to as much as $8-billion from the previously announced $4-billion.

The government's plans are aimed at reining in costs for in preparation for the demographic squeeze down the road, when baby boomers move from taxpayers to receivers of social services.

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D - and if he took my advice from past blogs, then the truly poor retirees and old folks would be much better off, only at the expense of the greedy upper-middle class and lower-upper-class ones!!!

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