Thank you, Mr. Chair.
Committee members, it's good to see you all.
Before I begin, I’d like to acknowledge that I am joining this meeting from the traditional territory of the Mississaugas of the Credit First Nation.
I am pleased to be here with you today.
Thank you so much for inviting me. I'm joined here, of course, by the outstanding officials you just mentioned, Mr. Chair.
As you all know, committee members, supporting seniors has been and will always be a top priority for our government. We are working hard to respond to the diverse needs of Canada's fastest-growing age group.
Over the last year and a half, I have been very fortunate to be able to travel across the country and meet with seniors and stakeholders from coast to coast to coast. As a result of this extensive engagement, we have outlined the following priorities in improving the quality of life for older Canadians: financial security, particularly during a time when global inflation makes affordability a challenge; aging at home comfortably; and remaining active and engaged members within their communities.
Measures taken in past budgets, and most recently in the fall economic statement, paired with the programs and services we're currently delivering, are working to address these key priorities. We are putting more money in the pockets of seniors, supporting efforts to age at home, and empowering seniors in their communities. Now it is a matter of further strengthening these programs and services.
In terms of the progress, I want to speak to you specifically about the recent work being done on old age security; the funding for the benefits delivery modernization; and of course the funding for the New Horizons for Seniors program.
As you all know, the old age security program is the first pillar of Canada's retirement system. Last year alone, it paid over $60 billion in benefits to seven million beneficiaries, making it, unquestionably, an essential program. That's why, as of July 2022, we made a historic increase of 10% to the old age security pension for seniors aged 75 and over. This is the first targeted increase to the OAS pension since 1973. It will provide full pensioners with an additional support of approximately $800 over the first year. This increase has strengthened the financial security of 3.3 million seniors, 56% of whom are women.
In addition to the increase, Canadians can rest assured that support benefits such as the OAS pension, the guaranteed income supplement and the Canada pension plan are all indexed to inflation to help keep up with the cost of living and will actually never decrease. However, to effectively serve and support older Canadians, we need to increase the pension call centre's capacity. As such, ESDC has requested $46.4 million in these supplementary estimates to support those efforts. This will lead to lower wait times and to better support for inquiries so that seniors can easily access the benefits they need, when they need them.
In budget 2021 we committed to accelerating the replacement of the OAS platform to guarantee that our systems remain strong and resilient to ensure safe, timely and effective delivery of the OAS benefit.
The BDM, as I'm sure you've heard, is transforming how the government delivers benefits, ensuring that Canadians are at the core of our services. An additional $13.5 million in operating expenditures will enable the creation of a new contact centre model equipped with a well-trained, integrated workforce to better deliver service excellence to Canadians.
Finally, I would like to discuss the New Horizons for Seniors program and the tremendous impact this program has had in empowering seniors in their communities. I know that many of you are very familiar with this program and know the impact of this program in your own communities. I consider myself very fortunate to have seen first-hand how much these programs positively impact the lives of seniors. The NHSP is a great way to create opportunities for older adults to share their knowledge and skills with others and to stay socially active. That is a key to staying healthy and having a high quality of life. That is why we've looked to further enhance the capacity of the program to support more projects that fight social isolation, combat senior fraud, teach digital literacy and support healthy aging in an inclusive and accessible environment.
ESDC, as you know, Mr. Chair, has requested $10 million to enhance the New Horizons for Seniors program so that we can support even more projects that improve the well-being of seniors. As stated earlier, seniors are and will always be a key priority for our government, and our record reflects that.
Thanks again for this opportunity to speak to the many measures we're taking to deliver on our commitment to improve the lives of seniors.
I would be pleased to answer any questions you may have.
Thank you.