Food for thought

Last year the government announced that those Canadians born after March, 1958, will have a longer wait for Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). Instead of collecting at 65, it will be at 67 years of age (even guaranteed pensions are not guaranteed in capitalism!) The government said the changes are necessary because the number of seniors will almost double by 2030 to 9.4 million. So, if you are in a low-income bracket and coming up
for retirement in ten years, you may have to work a little longer. Another example of a reform disappearing. John Ayers