Canada's Aging Population is Creating A Fiscal Crisis
Rising OAS and GIS costs outpacing economic growth, straining the federal budget
By Frontier Centre for Public Policy -- Ian Madsen—— Bio and Archives--March 14, 2025
Canadian News, Opinion | Comments | Back To Full Article
Frontier Center For Public Policy
Canada’s aging population is creating a financial crisis that policymakers cannot afford to ignore. The rising costs of Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) pose a growing risk to federal finances, yet no dedicated funding has been established to ensure their long-term viability.
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