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Finance committee  Again, some of the research that we looked at as part of this proposal I think my colleague Kristen has touched on. With respect to specific percentages, we do know that the percentage of OAS pensioners with incomes below $30,000 is about half of seniors 65 to 74, but it's actual

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  Sure. According to the 2018 Canadian income survey, the percentage of OAS pensioners with incomes below $30,000—so, the percentage of seniors between the ages of 65 and 74 with an income below $30,000—was 52%. That percentage increases for seniors 75 and over to 59%.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  That's correct.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  Again, while I don't have a specific number there, what I can say is that for our guaranteed income supplement benefit, which is our targeted income supplement, of the previous figure that I had provided for you—the 57% who are between 65 and 74—about 50% of those recipients....

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  I can respond to Mr. Julian.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  In fact, thank you very much for that question and the opportunity to clarify. I believe during our last session you had asked for the specific age breakdown of seniors 65 to 74 versus those 75 and over. I just wanted to clarify or to make sure to clarify for the record that, ac

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  Again, there would be 3.7 million OAS recipients in March 2021.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  It is 57% of the total client group who would be between the ages of 65 to 74.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  With respect to income distribution, while I don't have it broken down by 65 to 74, I can say, just to supplement our previous figure, 55% of all of our OAS pensioners have incomes below $30,000. That's just to add some more precision to the previous data we provided.

June 3rd, 2021Committee meeting

Kevin Wagdin

Finance committee  Yes, I'm here, Kristen.

June 1st, 2021Committee meeting

Kevin Wagdin

Finance committee  If you could repeat it, that would be wonderful.

June 1st, 2021Committee meeting

Kevin Wagdin

Finance committee  I can't speak to how many have incomes at or below the poverty line. I do know that it's about 85% of seniors who have incomes below $50,000 a year, so the vast majority are below that figure, as I say, and lower than that. Let me just see if I can find the distribution between

June 1st, 2021Committee meeting

Kevin Wagdin

Finance committee  Yes, I can say that legal analyses are done as part of all of the proposals that are put forward, but our focus was on the policy rationale, as Kristen mentioned, the idea that there was a policy evidence to suggest that folks who are 75 years and older were experiencing differen

May 17th, 2021Committee meeting

Kevin Wagdin