Mr. Speaker, right now in Canada, clawbacks for old age security commence at $95,000, but individuals aged 65 to 74 earning up to $152,000 and those over 75 earning up to $157,000 can still receive old age security. While I understand the intent of the legislation before us today and what the member is referring to, does she not understand that the costs for old age security would exceed $100 billion within the next five years? How are my children going to pay for this monumental expense?
In the House of Commons on June 3rd, 2026. See this statement in context.