In fact, those who need it the most are those whose only income comes from old age security and the guaranteed income supplement. Their annual income is about $18,500.
According to the market basket measure, people should have an income between $19,500 and $21,000, depending on where they live, and that amount is just enough to survive.
In addition to not helping those who need help the most, increasing the old age security pension only for seniors aged 75 and over will benefit many people who do not need that increase right now.