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March 21, 2016

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Martin

This continues the trend to overturn every law or policy implemented by the CPC government, good or bad. A childish obsession with Stephen Harper is all that passes for policy analysis by Justin Trudeau and his acolytes. Trudeau has not the slightest concept of economic or fiscal matters, and remains uninterested in them. This announcement appeals to likewise uninformed people who
think Trudeau is giving back something Harper took away from them. That it puts Canada out of step with most democratic partners is a given, but most of these have elected serious leaders.

monkey

Absolutely a dumb decision. We have an aging population and like most other OECD Countries raising the retirement age makes sense. I would have raised it to 70, but at least the changes were in the right direction. In most European countries, this is a non-partisan issue that parties on both sides of the spectrum support. The problem with Trudeau, not just here, but elsewhere is he is great at making promises but has no idea of how to pay for them. Unfortunately I also blame us as Canadians to as far too many people in the public expect more from the government than what is realistic, thus why fiscally irresponsible ones are winning and responsible ones not. If we had more realistic expectations and started asking what we could do for our country, not what our country can do for us, maybe politicians wouldn't be doing this, but unfortunately promising the moon wins elections, realistic ones do not. I truly fear for our future.

Boorshnik Greesh

Once again you've nailed it. Le Dauphin has his blinkers on, and is forging ahead with his scheme of erasing every common sense move made by PM Harper, returning the country to "the way Daddy left it".

WiseGuy

More proof that Trudeau is a blundering fool who should never have been elected. But look how much Obama and the Hollywood media loves him.

joeFrmEdm

It was only OAS not CPP...

Cincinnatus

Hi Joe From Edmonton:

Thanks for the correction.

monkey

"This continues the trend to overturn every law or policy implemented by the CPC government, good or bad. A childish obsession with Stephen Harper is all that passes for policy analysis by Justin Trudeau and his acolytes. Trudeau has not the slightest concept of economic or fiscal matters, and remains uninterested in them"

Exactly, just because we voted for change doesn't mean you undo everything the previous leader brought in good or bad. Chretien unlike Trudeau at least left in place many of Mulroney's good policies like NAFTA and the GST. I am fine if Trudeau wants to fine tune this, but reversing it is just silly. If they wanted to replace with a sliding scale whereby it would be 65 for manual labour jobs while 70 for office jobs that is one option.

I've noticed a lot on the left in the US and Europe are thinking he will be the beginning of a progressive movement sweeping across the developed world, but I am quite skeptical. While things go in their ebbs and flows, I suspect any right or left wing swing will have little to do with Trudeau. Besides in Europe all signs are they are moving rightward not leftward while in the US it's only moving leftward in the sense the GOP hasn't managed to find a way to do better amongst non-whites, but if they can find a way to do so, that will end that trend too.

JohnT

The only thing I would add or correct is that there really is no such thing as retirement age anymore. The courts have ruled a mandatory retirement age unconstitutional except for a very few select occupations (firefighting, for example). There's no real retirement age anymore, just an age at which you choose to stop working and begin drawing your pensions (including drawing from your RRSP's). Given the demographics of the nation, extended life expectancy and the fact that people don't automatically "retire" at 65 anymore, it makes a whole lot of sense to raise the OAS eligibility to 67. Harper's plan gave people lots of lead time. They simply need to plan ahead and save enough to fill in that 2 year gap (or whatever) between the time they actually "retire" from the work force and the time they begin drawing OAS (which given the claw back is less important for many people now.)

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