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Boosting Canadian Seniors' Benefits Could Significantly Impact Federal Budget, Says PBO

  • The Bloc Québécois is pushing the government to expand Old Age Security (OAS) benefits to those aged 65-74, which could cost over $3 billion annually.
  • This expansion may challenge the federal government’s fiscal targets, potentially increasing the deficit.
  • Discussions are ongoing between the Liberals, Bloc, and NDP regarding economic measures to address this demand.