Mr. Speaker, starting this July, the NDP-Liberal coalition is taking its first step to increase the retirement age to 75. The decision by the NDP-Liberal coalition to practise age discrimination by creating separate classes of the aged in the amount paid out for old age security has made seniors' worst fears realized.
The socialist coalition is shifting the financial burden onto the backs of seniors to pay for Canada's excessive debt. Seniors see this age discrimination as an effort to force Canadians under 75 to remain in the workplace and continue paying taxes for the “tax, borrow and wasteful spending” Liberal policy of high inflation. It is robbing seniors of their lifetime savings for what should be their golden years.
Inflation erodes the worth of savings. This is a massive societal shift. People are being forced to work longer and are needing to work longer. The socialist coalition needs to be held accountable for left-wing inflation policies that are robbing Canadians of the retirement they have been dreaming of.