Thank you.
The minister said last year, “We have moved the age of eligibility for old age security to 65, which will prevent 100,000 vulnerable seniors from falling into severe poverty.” When did this take effect? My understanding was that it was in 2023 to 2029 that this change from 65 to 67 was to take effect. If the government is changing it back to 65 now, then the phase-in doesn't start until 2023. Am I correct in saying the status quo is 65, and therefore, the change has zero effect on OAS benefits to Canadian seniors?
Right now, in 2016 and 2017, there is no effective benefit to seniors because what was proposed was in the future, and it's been scaled back. There was no benefit to seniors regarding reducing the age back to 65, is that correct?