Tuesday, May 11, 2021
Budget Implementation Act, 2021, No. 1
Government Orders
0
Madam Speaker, it is an issue, but the first point I would make is that if inflation does take off, it erodes everybody's purchasing power, seniors and non-seniors alike.The second point I would like to make is that the government had to pick one age, whether it is 70, 75, even 80 or whatever, because the government's finances are not unlimited. Therefore, the choice was to support those who were the most vulnerable, and it was deemed that those people over 75 had the least flexibility in their financing and therefore needed the most support, most immediately.
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