Conservative's Budget To Reset Retirement At Age 67

First Posted: 03/29/2012 7:24 am Updated: 03/29/2012 7:24 am

Retirement
The Conservative government will ask millions of Canadians to push back their retirement as part of a landmark budget that stresses bold action now to position Canada's economy in the face of major demographic changes to come.

The Conservative government will ask millions of Canadians to push back their retirement as part of a landmark budget that stresses bold action now to position Canada's economy in the face of major demographic changes to come.

Ottawa will unveil plans Thursday to delay Old Age Security benefits until age 67, The Globe has learned, confirming Prime Minister Stephen Harper's long-telegraphed blueprint for retirement reform. The OAS changes will be phased in over a number of years, creating a generational divide between Canadians who will receive the benefit -- worth more than $6,000 a year -- at age 65 and other Canadians who will have to wait longer.

Read the whole story: The Globe and Mail

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08:15 AM on 03/30/2012
This reset of RETIREMENT is very important to note for people, young and old!
And No comments here, very interesting, indeed.
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WorkInCanada
Life is hard; it's harder if you're stupid. John W
05:27 PM on 03/29/2012
I'd be pretty mad if I was 52 and voted for them. Luckily, I'm neither and I was already mad at them anyway. :o)
03:44 PM on 03/29/2012
Really what's the next step? Sorry kids you will be working til 80? oh sorry kids you don't get old age security ever, oh sorry kids now at 80 you get sent to the glue factory like "Boxer" cause after all Stephen "Napoleon" Harper is always right. Sorry maybe the Animal Farm references are a little harsh but seems to fit to me. All the government has to do is provide healthcare, jobs and protect it's people, Why does that seem so hard to do lately?
03:41 PM on 03/29/2012
If anyone remembers reading "Animal Farm" in school as a kid. This reminds me of that. Soon It won't be 67 years it will be 80, then we won't be getting old age security. And soon after that we will be sending our old people to the "glue factory" like the horse Boxer from the book. While the pigs drink whiskey bought by his sacrifice..maybe a little harsh but still. Governments only job is to provide health care, create jobs and protect the people it governs. Why is that so hard to do?
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05:01 PM on 03/29/2012
Have you seen movie Soilent Green?
You would enjoy it, similar line of thought.
05:14 PM on 03/29/2012
Yeah have seen that movie. Don't think it that harsh yet, but yeah give it 20 years and we will see...lol
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HUFFPOST SUPER USER
PG13
01:05 PM on 03/29/2012
while obsolete fighter jets that Americans don't want are a-okay for Canada, lol
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HUFFPOST SUPER USER
CreepyThinMan
More dapper than Don Draper.
10:59 AM on 03/29/2012
I work with two elderly women. One is 75 and the other is about 55. Both went on a tear today about how immigrants were taking all of our jobs and how we shouldn't let people into the country or at least limit the amount. I had to bite my tongue because my parents are from Scotland and I'm a first born Canadian. My girlfriend also happens to be from China. My opinion of these two women dropped 50 stories because I had to actually explain how Canada benefits from being a TRUE melting pot unlike the USA that demands assimilation more or less.

But I know where these two are getting it from; The Sun and other right wing news outlets who poison the minds of people with fear and hatred by using underlying racism. I had to explain that jobs wouldn't be the issue if it weren't for FREE TRADE which has been killing our middle class and was created by the Conservatives who don't care about you unless you're a rich-white-christian-male.

I am soo dissapointed with my co-workers.
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10:53 AM on 03/29/2012
This move is so important to notice, for NDP and Liberals in ONTARIO.
CONSTRUCTION WORKER starts back braking job at 20 years of age, by the age of 55 his body
can NOT do this job, anymore....HOW CAN HE-SHE stay till the of age of 67 if needed. ?
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06:33 PM on 03/29/2012
I need to add, that only "cushy " jobs, can take advantage of this new rule.
georgee2
My Canada Includes Everyone
07:47 AM on 03/29/2012
Do you recall this being promised in the election campaign? Just more take from the poor and give to the rich!!!
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WorkInCanada
Life is hard; it's harder if you're stupid. John W
05:26 PM on 03/29/2012
Nope, don't remember them saying "Boo" about this...then again I had a hard time even listening to their voices. Wonder if any of their supporters remember this as part of their platform?