OAP

Currently there is a lot of fear over what is to become of Canada’s OAP (Old Age Pension).

Certainly, with his involvement in the bail out of Greece, I can understand Harper’s fears of Canada falling into a similar situation.

However, unlike Greece, Canada has many ways to prevent such a disaster.

One of the fears is, where will we get the money for all the forthcoming pensioners?  Well, for one we shouldn’t reduce the number of years required to become eligible. I am talking about the mandate that requires a new citizen to be a resident for 10 years. Now they want to reduce that to 3 years. That alone will triple the number of new pensioners.  This should be reversed. To reduce the number of pensioners increase the requirement to 20 years or better yet, to be eligible a person must have been born in Canada.

Finding sufficient funds is not a problem, just reduce, or do away with, the extravagant pension that was recently awarded to members of Parliament.

They certainly haven’t done anything, or been on the job long enough, to deserve a pension.  In any other business an employee has to be with the company for 20 years.  Why should they, or a new comer to Canada, be in line for a pension after only 3 years?