Question Period: Government Admits Numbers Wrong on OAS Last Year
March 1st, 2012 - 3:29pm
Ms. Irene Mathyssen (London—Fanshawe, NDP):
Mr. Speaker, the government just does not care who it hurts with its reckless cuts.
It has lost all credibility by claiming there is not enough money to help seniors retire. Yesterday, we learned the government overestimated the cost of OAS in three of the past four years. It wants seniors to work two years longer because it cannot get the numbers right.
How can we trust the government's long-term bogus OAS claims when it does not even understand how much it costs this year?
Hon. Diane Finley (Minister of Human Resources and Skills Development, CPC):
Mr. Speaker, in actual fact, OAS and GIS payments were up 5% last year. Those are payments to seniors who have worked for those benefits and are entitled to them. That was just slightly off forecast by about 1%.