As my previous colleagues have mentioned, the amount of public pension is extremely modest. We know that people who are living on only public pensions struggle. They are at or below poverty levels.
The way we calculate seniors poverty is also problematic, so there are many people who are not captured with visibility, which my colleague Isobel spoke of before. I know the government is rethinking its market basket measure.
All of this is to say that if you can't stay well between 65 and 74, the cost to this government, the cost to individual well-being, and the physical money that people will pay out of pocket for their own home care, health, supports and nutrition will be problematic. It's going to mean that people are going to be increasingly frail and increasingly isolated.
Is it enough? No. Will it make a difference? Yes.