Seniors' portfolios are losing value. The investments they spent years building up are shrinking before their very eyes. They want it abolished for this year.
Also, as I said, seniors want the age limit for converting RRSPs into RRIFs raised to 75. Seniors who enjoy good health want to work. They want to help address the current labour shortage, and working improves their quality of life too. It is a fact that seniors who work spend less time at the doctor's office. Plus, when they work, they can transfer their knowledge to others.
Deferring RRSP conversion to age 75 would enable seniors to keep contributing to their RRIFs and participate in the labour market.