Madam Speaker, I am delighted to support Bill C-326, An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits), which provides that, on the request of the beneficiary, benefits be paid on a biweekly basis. For me, this is a simple question of being able to live in harmony with the rest of Canadian society, regardless of one's age.
This bill will allow seniors to better manage their budget and will help them make their benefits last throughout the entire month. It is a good idea, especially considering that more and more seniors are facing money problems. We need to give them as many options as possible to keep them from becoming victims of poverty.
We have good reason to worry about the increasing precariousness of seniors in Canada. As we know, they are being forced to turn to charity organizations and food banks more and more in order to meet their most basic needs. I find it appalling that people who have worked hard their entire lives to build our country must now turn to clothing donations, or even worse, to food banks to meet their basic needs in Maslow's hierarchy of needs. Social workers are continually condemning this situation, which they see every day on the ground.
The government does not seem to be taking this seriously. It should be leading the fight against seniors' poverty and making it possible for seniors to live in dignity. It is the least we could do for them after they have spent their lives in service to this country. Needless to say, the future of the pension system, as envisioned by the government, is very worrisome.
Some seniors would benefit from having bimonthly payments because they have difficulty managing their meagre financial resources.The end of the month would be more bearable and much less sad for many of them.
However, they only receive very limited benefits. That is why other measures are needed. The benefits provided by the Canada pension plan and the Quebec pension plan absolutely must be doubled. There is no question that increasing the guaranteed income supplement to an adequate level is another pertinent measure. It is fundamental to ending seniors' poverty. Why such hesitation when it is time to make such an important social choice?
The government's response is based on pure and simple ideology. We have seen this a number of times since 2006. The government prefers to scare the public with its usual fearmongering. We are told that the matter is urgent, that continuing in this way will lead us straight into financial disaster, and that old age security will no longer be financially sustainable.
This statement is really misleading because the only issue that is truly urgent is ending seniors' poverty for good. The experts agree that our public pension system is well funded, but the government does not want to listen and is blinded once again by ideology. We know that old age security represents 2.4% of GDP and that it will reach 3.1% of GDP in 2030. In light of these figures, it will not be impossible to manage the baby boomers' retirement. We need only look to the standards set by the OECD to realize that the Canada pension plan and the Quebec pension plan benefits are relatively modest.
To glance at the figures, we see how bad the situation is. Nonetheless, it is mostly on the ground that we see this reality, or at least part of this reality. If anyone is affected by isolation, it is seniors. If anyone is affected by poverty, it is seniors. If anyone is being neglected by this government, it is seniors.
In many cases, seniors have no social or family ties. Accordingly, old age security is a pressing matter. There will only be more and more of these dramatic situations. The conditions are ripe for a continuing upward trend in poverty rates among seniors in the years to come. How this government does not see the social disaster we are headed toward at high speed simply escapes me.
Let us be clear: by making such changes to old age security, the government is directly attacking the less fortunate, the most vulnerable in society. Low-income earners with no pension fund will be the biggest losers when the retirement eligibility age increases from 65 to 67.
There are 12 million Canadians who do not have a pension plan through their work. We know that the government did not ask itself the right questions when it was developing this policy. The most important question would have been this: what is the best way to provide a decent retirement for everyone and not just for those who have the means to contribute to pooled registered pension plans or RRSPs, as the government envisions? It has been shown that less than a third of the people who can contribute to an RRSP actually do.
In that context, increasing the retirement age from 65 to 67 will do nothing but keep many people in poverty for an additional two years. Those people cannot wait for their pension and the guaranteed income supplement, which will allow them to make ends meet every month.
It is important to recall that this is a minimum level of support and that it is a paltry sum compared to programs in other industrialized countries. Knowing that 1.7 million Canadians receive the guaranteed income supplement, the government should be asking itself what it can do to ensure a decent retirement for everyone.
The government does not seem to realize that two-thirds of Canadians do not have a private pension and are counting on assistance from the state to be able to meet their needs after age 65. We also know that those who really need it have problems saving money.
Accordingly, instead of delaying access to our public system by two years, why is the government not coming up with real solutions, on one hand, to put an end to the increasing precariousness facing seniors and, on the other hand, to address the problem that Canadians have when it comes to saving? These problems will not be solved by betting on volatile financial markets through voluntary defined contribution plans managed by the private sector. We already know where that would lead us, and that is not what most Canadians want.
On the contrary, Canadian workers need to have access to risk-free options with guarantees regarding the associated costs. It would be pathetic to make the same mistakes as other countries in this regard. We just have to look at Australia.
This government is making gross injustice the norm. Its goal is to prevent the cost of OAS from rising. Interestingly, it did not apply the same principle as strictly with respect to the F-35s or many other decisions.
Nevertheless, this is a good illustration of the government's priorities. It could not care less about guaranteeing retirement income security for all Canadians. Vulnerable seniors, such as single women, immigrants and people with disabilities, will have to bear this heavy financial burden themselves and make do with the meagre income they receive from the government.
The government has chosen to undermine the country's pension system despite the fact that it has proven its effectiveness over time. The only way to make the system more effective is to improve its fundamentals. Instead of merely subsisting, seniors in need would receive, at the very least, an adequate income. This measure is both necessary and financially viable.
Through its proposed measures and its lack of action during the past six years to ensure that Canadians have a retirement income, the government is jeopardizing the social contract we have given ourselves. Poverty among seniors is not without consequences. Dependency increases as health declines. The risk of malnutrition also goes up. It also has an impact on housing. The choice to age in place, at home, for as long as possible simply evaporates.
Is that what we want for our seniors: more and more uncertainty? What our seniors need are larger, public, guaranteed retirement incomes. They deserve more than the series of half-measures the government is serving up. Seniors deserve to have access to sufficient retirement income to maintain their standard of living and to grow old with dignity.