With regard to raising the eligibility requirement for Old Age Security from 65 to 67 years as proposed in Budget 2012: (a) what will be the total impact on the fiscal framework for the fiscal years 2021-2022 to 2025-2026, (i) by year, (ii) by thousands of dollars (inflation-adjusted), (iii) by thousands of dollars (non-inflation adjusted), (iv) by percentage of the amount of planned government spending, (v) by percentage of GDP; and (b) what is the expected decline in recipients for each fiscal year from 2021-2022 to 2025-2026, (i) by number, (ii) by percentage?
In the House of Commons on June 4th, 2012. See this statement in context.