Mr. Speaker, my question is for the Minister of Finance.
There is a bias in the tax system against some seniors but not others earning the same level of income. The OAS clawback kicks in faster for those seniors whose income is tilted more toward dividends than toward interest or other sources of income.
Is the minister aware of this bias and, if so, will he correct it, or does he wish to encourage seniors to sell their stocks? Will the minister synchronize the tax system and treat all seniors equally or does he think this is a good time to sell as opposed to a good time to buy, as the Prime Minister said?