Canada Oas

When it Comes to Finances, Gen Y Should Be Called 'Gen Screwed'

Candice Malcolm | Posted 01.20.2015 | Canada Business
Candice Malcolm

Nine-million baby boomers will retire from the workforce over the next two decades, and when they do, they will start to consume the most expensive forms of government programs. This is great news for seniors, but terrible news for our public finances and for young Canadians forced to foot the bill. Generation Y has been dubbed the "Millennial" generation because we came of age at the turn of the new millennium. A more fitting name for this cohort is Generation Screwed.

Venezuelans Across Canada Gather In Citizens' Assemblies, Issue Public Statement Regarding Crisis

Daniel L. Rodriguez | Posted 03.23.2013 | Canada Alberta
Daniel L. Rodriguez

Dozens of Venezuelans gathered last Saturday in a citizens' assembly across many of Canada's largest cities and demanded, in a public declaration, the restitution of constitutional order in Venezuela and that the sovereignty of their country be respected.

Venezuelan Vice-President Describes Canadian Proposal At OAS As 'Miserable'

Daniel L. Rodriguez | Posted 03.20.2013 | Canada Alberta
Daniel L. Rodriguez

Venezuelan Vice-president Nicolas Maduro condemned as "miserable" the proposal from Canada to send a diplomatic mission from the Organization of American States (OAS) to study the crisis in Venezuela.

Your Share of Canada's Government Debt: $34,000+

Charles Lammam | Posted 02.16.2013 | Canada Politics
Charles Lammam

The management of public finances may not have received due attention from the premiers in Halifax. But as our federal and provincial political leaders gear up for next year's budget season, they would be wise to acknowledge the seriousness of growing government debt and put forth bold plans to balance their budgets. Kicking the debt down the road simply isn't an option.

OAS Age Hike Not Needed, Watchdog Insists

CBC | Posted 07.17.2012 | Canada Politics

Canada can afford its Old Age Security system without making younger Canadians wait an extra two years to receive benefits, Parliamentary Budget Offic...

Flaherty Expects Huge Savings To Old Age Security

CBC | Posted 07.14.2012 | Canada Politics

The Conservatives' planned changes to Old Age Security will save Canada anywhere from $10 to $12 billion, Finance Minister Jim Flaherty said Monday. ...

Put The 'Tantrums' Aside, Flaherty: Ontario Finance Minister

CBC | Posted 05.31.2012 | Canada Politics

Ontario Finance Minister Dwight Duncan thinks his federal counterpart should leave public attacks aside and instead focus on working together with Ont...

This Budget Misses the Mark

Megan Hooft | Posted 05.30.2012 | Canada Politics
 Megan Hooft

Small spending allotments are trampled by spending cuts to health and essential service agencies. A mention of money being set aside for Aboriginal education is accompanied by a cut of two per cent to Aboriginal Affairs, and 5.7 per cent cut to Health Canada. This seems like a "take from Peter to give to Paul" kind of game, with no one being the clear winner.

The Budget Must Take Old Age Catastrophe Seriously

Claude Carignan | Posted 05.27.2012 | Canada Politics
Claude Carignan

With the budget coming up, we need to talk Old Age Security (OAS). The cost of the OAS program will explode, going from $36 billion in 2010 to $108 billion in 2030. Refusing to deal with this problem for partisan reasons would be completely irresponsible to future generations, if not shameful.

Pushing Retirement Age To 67 Spells Trouble: Analysts

CP | Terry Pedwell, The Canadian Press | Posted 05.25.2012 | Canada Politics

OTTAWA - Changes to Canada's Old Age Security program expected to be outlined in this week's federal budget will mean higher costs for the provinces, ...

Harper's OAS Skimping Will Have Big Effects

Irene Mathyssen, MP | Posted 05.01.2012 | Canada Politics
Irene Mathyssen, MP

The government has decided to make cuts to Old Age Security (OAS). The truth is that OAS is economically beneficial to all of society -- seniors on OAS spend all of their money in their neighborhoods. That is money reinvested in our economy, in small businesses that in turn create jobs.

Retirement Age Hike Won't Happen This Decade, Finley Hints

CP | Heather Scoffield, The Canadian Press | Posted 05.01.2012 | Canada Business

OTTAWA - Canada's relatively sound fiscal shape means it will not have to ratchet up the retirement age within the space of 10 years, Human Resources ...

Why Did It Take So Long To Get A Budget Date?

The Huffington Post Canada | Michael Bolen | Posted 02.29.2012 | Canada Politics

UPDATE: Jim Flaherty has announced that the federal budget will be delivered on Thursday March 29. When is Canada's 2012 federal budget? That's ...

Tar Sands Will Be Quick Sand for the Next Generation

Gillian McEachern | Posted 04.23.2012 | Canada
Gillian McEachern

A federal government concerned about what's being passed along to the next generation would be a leader in global negotiations for a strong, binding agreement to cut carbon pollution, put in place domestic rules to make polluters pay, and focus on building clean energy infrastructure instead of doubling down on tar sands. Instead, it's doing just the opposite.

Tories Pitch Youth On Old Age Security Cuts

CP | Heather Scoffield, The Canadian Press | Posted 04.22.2012 | Canada Politics

OTTAWA - The federal government is stepping up its rhetoric to justify plans to cut public pension benefits, but remains silent on how it will address...

The Secret Cost Of The TFSA

CP | Heather Scoffield, The Canadian Press | Posted 04.18.2012 | Canada Politics

OTTAWA - A popular savings program created by the federal Conservatives is exacerbating the fiscal pressure on public pension benefits — even as the...

Watchdog To Tories: You Don't Know What You're Talking About On Pensions

CP | Julian Beltrame, The Canadian Press | Posted 04.17.2012 | Canada Politics

OTTAWA - Canada's budget watchdog is firing back at critics who have accused him of flip-flopping in declaring public pension programs sustainable.In ...

Flaherty Says Old Age Security Cuts Years Away

CP | Julian Beltrame, The Canadian Press | Posted 04.11.2012 | Canada Politics

OTTAWA - Canadians won't have to worry about cuts to elderly benefits for years, Finance Minister Jim Flaherty said Friday, hinting that changes won't...

WATCH: Harper's Old Age Security Flip Flop

The Huffington Post Canada | Posted 02.10.2012 | Canada Politics

The ghost of elections past is coming back to haunt Stephen Harper. The Liberals are pointing out that when Harper campaigned against Liberal prime...

Sit-Ins At 24 MPs' Offices Over Old Age Security

CBC | Posted 04.10.2012 | Canada Politics

Seniors and members of the labour movement concerned about changes to Old Age Security staged peaceful sit-ins at the offices of 24 Conservative MPs i...

Retirees Occupy Tory MP's Office Over Old Age Security Changes

CBC | Posted 04.10.2012 | Canada Politics

A Conservative MP has agreed to meet with a group of Windsor-area CAW retirees after they occupied the MP's office for two hours Thursday. ...

What Old Age Security Crisis?

CP | Julian Beltrame, The Canadian Press | Posted 04.09.2012 | Canada Politics

OTTAWA - Canada is not facing a crisis over public pensions, the country's budget watchdog concludes in a report that appears to undermine the Harper ...

Sunday Roundup: Sorry to Interrupt the Super Bowl

Danielle Crittenden Frum | Posted 04.05.2012 | Canada
Danielle Crittenden Frum

Hey there! Over here! Actually, right behind you. Sorry to interrupt The Game. Or rather, the pre-game. Or the pre-game game. Did you hear that The Huffington Post will be launching a Quebec edition this week? I know, right? They just launched France, and now Quebec. "Le Huffington Post." Sounds like a cigarette. In Quebec's case, a cigarette with cheese curds and gravy -- and really, really good news and content, like the other HuffPost sites, except better because it's in French.

Harper Confirms Old Age Security Is On The Table

CBC | Posted 04.04.2012 | Canada Politics

The Conservative government is considering increasing the age of eligibility for Canada's Old Age Security system, Prime Minister Stephen Harper confi...

Flaherty: Pension Reform Is Coming Whether We Like It Or Not

CP | Julian Beltrame, The Canadian Press | Posted 04.03.2012 | Canada Politics

OTTAWA - The federal government considers it imperative to cut the costs of public pensions and intends to propose future reforms in the budget, Finan...