The bottom line is financial security in retirement. Whatever that means, it includes reducing expenses, and increasing income if they are at a marginal level. Certainly the GIS top-up was most welcome, but of course there are 1.7 million Canadians receiving GIS, which by definition means that they're in some financial insecurity. So we're recommending improving on that. Other people whose savings were devastated in the recent downturn need some relief from rules that exist, like the mandated RIF rules. They should be gotten rid of, or there should be at least a moratorium. There are clawback rules for OAS that should be reduced. Test-of-income rules.... All of these things need to be adjusted so that people can keep more of their own money, and help them to help themselves.
On November 2nd, 2011. See this statement in context.