Mr. Speaker, we have made significant progress to help seniors since 2015 and these efforts have reduced poverty for seniors over 65. The facts are that the GIS increase helped lift 45,000 seniors out of poverty. Restoring the age of retirement back to 65 prevented 100,000 seniors from falling into severe poverty, against the wishes of the other side, I should say. These benefits are automatically adjusted to keep up with the cost of living and they will never go down.
In the House of Commons on October 19th, 2023. See this statement in context.