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Decentralized Democracy

House Hansard - 83

44th Parl. 1st Sess.
June 7, 2022 10:00AM
  • Jun/7/22 6:54:01 p.m.
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Mr. Speaker, I listened to the member's speech carefully, and one of the things he said is that the CPP and the OAS were increased based on inflation. Is that an accurate statement? I know the OAS had a 10% increase for individuals who were 75 years of age and older, but does he really believe that seniors between the age of 60 and 75 did not have the same increase in costs as someone over the age of 75?
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  • Jun/7/22 6:54:31 p.m.
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Mr. Speaker, as the member would know and as I would hope that all members would know, from my understanding of it there is a formula that is put into place that enables the cost of living increases for the GIS, the OAS and the Canada child benefit. That is my understanding, and if that is not the case, I would be more than happy to apologize. I am sure there will be some people who will be very quick to find out and ask me to apologize if in fact that is not the case.
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