Category Archives: Consumer Price Index

OAS Benefit – Are pensioners better off with indexation or tax reduction?

The most recent quarterly revision of OAS and GIS benefits means that pensioners will receive an increase of 0.3 percent per month this quarter. According to the HRSDC publication Just the Facts – Pensions, Benefits and Seniors: Old Age Security benefits, … Continue reading

Posted in Baby boomers, Basket of goods, Consumer Price Index, Cost of Living, CPP, GIS, Golden wave, Guaranteed Income Supplement, Indexing pensions, Old Age Security, Pension Indexation, Pension Reform, Pensioners, Seniors demographic, Statistics Canada, Tax allowances | Tagged , , , , , , , , , | 12 Comments

PENSION INDEXATION – is the current method adequate?

By Goudu Kassa, Guest Contributor “A Dollar Today is Worth More Than a Dollar Tomorrow”… how many times have we heard this expression? From the perspective of today’s pensioners this expression has taken on a greater sense of urgency. Pensioners … Continue reading

Posted in Baby boomers, Basket of goods, Canada Pension Plan, Consumer Price Index, Financial industry, Guaranteed Income Supplement, Immigration policy, Old Age Security, Pension Indexation, Pension Reform, Pensioners, Seniors demographic, Statistics Canada | Tagged , , , , , , , , | 10 Comments