Hopefully You Are Right John...

...and we will have to wait until March when the buget comes down but in all fairness we are dealing with politicians and they are noted for their manipulation of the English language.

John Ivison: Note to Bob Rae: Yes, we have a pension problem

The NDP will use its opposition day in the House of Commons Thursday to try to embarrass the government over its plans to increase the age at which Canadians are eligible to claim Old Age Security.
The motion hammers Prime Minister Stephen Harper for attempting to “balance the Conservative deficit on the backs of Canada’s seniors.” It’s all good, knockabout stuff and one can hardly blame the New Democrats for subtracting from the sum of human knowledge in the interests of kicking the Tories in the guts.
But, as will become crystal clear once the government gets its act together, the Tories’ proposal to raise the eligibility age for OAS will not take effect for another decade — and even then is likely to be phased in over a period of four years. The reality is that the books will have been balanced for five years before any measures to make people work longer come into force. As importantly, no one now over 50 is going to be impacted.

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...and The Star offers

Conservative pension reforms would hurt low-income seniors most: Bob Rae

Opposition MPs say low-income seniors would be the real victims of changes to a key element of Canada’s Old Age Security program. (32)