Justin Trudeau says OAS eligibility age to be reversed to 65 in 1st Liberal budget

Spending plan will also invest heavily in "unsexy" infrastructure projects.

By Kathleen Harris, CBC News

Next week's budget will lay the groundwork for long-term economic growth by investing in "unsexy" but much-needed infrastructure projects, Prime Minister Justin Trudeau said today.

During a town hall with Bloomberg TV in New York, Trudeau also confirmed that Tuesday's federal spending plan will reverse the eligibility for Old Age Security to 65 from 67.

Trudeau called former prime minister Stephen Harper's move to phase in a two-year increase in the retirement age a "simplistic solution to a complex problem that won't work."

Responding to a demographic shift to an aging population will require a broad strategy that includes promoting healthy lifestyles and activity to creating links between older, more experienced mentors and younger Canadians, he said.

Read more:http://www.cbc.ca/news/politics/trudeau-economy-bloomberg-new-york-1.3495331

 

 

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