{"id":550855,"date":"2026-03-28T17:57:10","date_gmt":"2026-03-28T17:57:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/550855\/"},"modified":"2026-03-28T17:57:10","modified_gmt":"2026-03-28T17:57:10","slug":"letters-to-the-editor-march-28-clawing-back-old-age-security-please-reconsider-the-definition-of-wealthy-seniors","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/550855\/","title":{"rendered":"Letters to the editor, March 28: \u2018Clawing back Old Age Security \u2026 please reconsider the definition of wealthy seniors\u2019"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/3FHD3VIEARCMJJQ3BU4FDH44AE.JPG?auth=8b78f5c7b5fab7a19c4ad8e7aca35504a2d1f702a190663b04c08eb1e01c6de5&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Prime Minister Mark Carney appears with the leaders of Iceland, Sweden, Norway, Denmark and Finland at the Canada-Nordic summit in Oslo on March 15.Adrian Wyld\/The Canadian Press<\/p>\n<p>Underestimated<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/opinion\/letters\/article-mark-carney-the-politician-has-mastered-the-art-of-blarney\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/opinion\/letters\/article-mark-carney-the-politician-has-mastered-the-art-of-blarney\/\">\u201cOne year later\u201d <\/a>(Letters, March 21): It is remarkable that letters about Mark Carney appear to overlook what our Prime Minister has accomplished in the last year.<\/p>\n<p class=\"c-article-body__text text-pr-5\">As Canada\u2019s \u201csenior bureaucrat,\u201d he has applied his firsthand knowledge of economics and banking to our finances at a time when the world is in upheaval. Unfortunately, defence has become as important as butter. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The \u201celite\u201d who Mr. Carney hobnobs with are world leaders with whom he is establishing alliances and signing trade agreements. They will enrich Canada\u2019s coffers by billions of dollars and provide many new jobs for Canadians, while leaving the door open to a mutually beneficial agreement whenever the United States decides to return to the negotiating table.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney\u2019s time, then, has been well spent in the interests of all Canadians.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Heather MacFadyen Canmore, Alta. <\/p>\n<p>How you remind me<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/opinion\/letters\/article-mark-carney-the-politician-has-mastered-the-art-of-blarney\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/opinion\/letters\/article-mark-carney-the-politician-has-mastered-the-art-of-blarney\/\">\u201cLocals only\u201d <\/a>(Letters, March 21): One wonders if a letter-writer, who extolled the fact that Canadians are protected from liquefied natural gas price increases precisely because we lack the capacity to export it, is repeating almost verbatim the National Energy Program enacted by Pierre Trudeau, which led directly to the Western alienation still resounding today. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The only difference is that Pierre Trudeau wanted to impose a \u201cmade in Canada\u201d price on producers through legislation in order to benefit the Eastern Canadian industrial base, whereas Justin Trudeau imposed a \u201cmade in Canada\u201d price by prohibiting exports. The outcome is the same: LNG-producing provinces are denied the true value of natural resources which, constitutionally, belong to them.<\/p>\n<p class=\"c-article-body__text text-pr-5\">After nearly 50 years of feeling the consequences of the NEP, including the current Alberta separation movement, one would hope that Canadians had learned something.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Tom Curran Prince Edward County, Ont.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Yes, we do not export much liquefied natural gas, but we export about 45 per cent of our conventional natural gas to the United States, which gives us a connection to international markets. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Since the end of February, when the current war in the Middle East began, the market price of natural gas at the Alberta hub has risen roughly 25 per cent. In other words, our protection is rather limited.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Jim Davies Professor emeritus, department of economics, Western University; London, Ont.<\/p>\n<p>Passive, aggressive<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-doug-ford-ontario-premier-wasted-mandate-majority-government\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/opinion\/article-doug-ford-ontario-premier-wasted-mandate-majority-government\/\">\u201cDoug Ford has utterly wasted an extraordinary mandate\u201d <\/a>(Opinion, March 21): Doug Ford\u2019s overwhelming majorities in the 2022 and 2025 Ontario elections rest on the votes of less than half of the province\u2019s electorate. His most important enablers, then, have been the majority of Ontario electors who didn\u2019t vote.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The directionless and impulsive approach to governance described here is a testament to the consequences of voter disengagement and a deeply flawed electoral system. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mark Winfield Toronto<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/canada\/article-ontario-ford-billy-bishop-airport-special-economic-zone\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/canada\/article-ontario-ford-billy-bishop-airport-special-economic-zone\/\" target=\"_blank\">\u201cFord to declare Billy Bishop Airport a \u2018special economic zone\u2019 to allow jets\u201d<\/a> (March 24): A special economic zone is a tool used to make a given area immune from laws and regulations which normally apply.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Fundamentally, it is an auger-like tool used to make a hole in the legal fabric. Creating one separates a civic space from its surroundings to permit resource exploitation in the absence of public oversight.<\/p>\n<p class=\"c-article-body__text text-pr-5\">It helps to think about special economic zones as a power tool for DIY autocrats. The Ontario government should not have this in its tool kit.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Clifford Ottaway Dysart et al, Ont.<\/p>\n<p>Too much?<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/investing\/personal-finance\/young-money\/article-lowering-old-age-security-income-thresholds-politically-taboo\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/personal-finance\/young-money\/article-lowering-old-age-security-income-thresholds-politically-taboo\/\">\u201cLowering the Old Age Security income threshold is no longer politically taboo\u201d<\/a> (Report on Business, March 21): I couldn\u2019t agree more. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Old Age Security was never meant to be for a majority of Canadians. It was started in 1952 to help poverty-stricken Canadians and is funded out of general tax revenues with no associated funding pot like the Canada Pension Plan.<\/p>\n<p class=\"c-article-body__text text-pr-5\">I am at the tail end of the baby boom generation and I\u2019d fully support reducing qualifying income levels to $50,000 a year per individual. CPP we pay into throughout our working lives and so we should reasonably expect a pension when we retire; OAS, not so much. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Patrick Eckert Mississauga<\/p>\n<p class=\"c-article-body__text text-pr-5\">The proposed savings plan of clawing back Old Age Security for \u201cwealthy\u201d seniors does not take into account the taxes they pay. <\/p>\n<p class=\"c-article-body__text text-pr-5\">As an example, a couple with an income of $216,000 including OAS pays about $5,000 extra in taxes. At the other extreme, at a combined income of $300,000, most of the $18,000 in OAS would be lost to the taxman.<\/p>\n<p class=\"c-article-body__text text-pr-5\">So the proposed changes in OAS eligibility would decrease taxes paid by seniors. Instead, I suggest the Canada Revenue Agency figures out what proportion of taxes it receives from OAS payments to wealthy seniors, then transfers that amount to an OAS pot to increase payments to poorer seniors.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Please reconsider the definition of wealthy seniors. Two decades or so ago, $100,000 was enough to put one on a \u201csunshine list.\u201d But not now with inflation, higher property taxes and, yes, even a mortgage.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Czesia Nalewajko Pickering, Ont.<\/p>\n<p>Does it bring joy?<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/opinion\/article-capitalism-clutter-space\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/opinion\/article-capitalism-clutter-space\/\">\u201cAt what point do our things start owning us?\u201d<\/a> (Opinion, March 21): How liberating to not be owned by stuff.<\/p>\n<p class=\"c-article-body__text text-pr-5\">We let stuff have power over us, like keeping a big home clean instead of spending time in nature with family and friends or volunteering to make the world a better place. We fill garages with stuff, making life harder during the winter. Some people pay for storage units, money that could feed families in need. <\/p>\n<p class=\"c-article-body__text text-pr-5\">All for what? I have spent many years as an interior designer helping people create more functional (i.e. easier to live in) and beautiful homes, making life more enjoyable. <\/p>\n<p class=\"c-article-body__text text-pr-5\">I know the deep emotional value of some things. Those should be honoured, but those should also be precious and few.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Think how many people could attach more meaning and usefulness to our discarded things. Think how life is richer when spending time on meaningful pursuits, instead of pursuing and maintaining more stuff than we need.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Lillias Cowper Calgary<\/p>\n<p>Out to lunch<\/p>\n<p class=\"c-article-body__text text-pr-5\">Re <a href=\"https:\/\/www.theglobeandmail.com\/sports\/article-toronto-maple-leafs-tank-nhl\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/sports\/article-toronto-maple-leafs-tank-nhl\/\">\u201cHalf-hearted Maple Leafs commit to the tank. For now\u201d<\/a> (Sports, March 23): I\u2019m glad I caught this column about last weekend\u2019s Leafs-Senators game. I thought it was just me. I watched until I couldn\u2019t.<\/p>\n<p class=\"c-article-body__text text-pr-5\">If I wanted to see pleasure skating, any local arena on a Sunday afternoon might do. Three of my grandchildren play hockey; when they have a game, they focus and go out with determination to win because that\u2019s why they\u2019re on the ice, and they\u2019re not even paid.<\/p>\n<p class=\"c-article-body__text text-pr-5\">They may win, they may lose, but they never give up.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Bernice Chopowick Mississauga<\/p>\n<p class=\"c-article-body__text text-pr-5\">Letters to the Editor should be exclusive to The Globe and Mail. Include your name, address and daytime phone number. Keep letters to 150 words or fewer. Letters may be edited for length and clarity. To submit a letter by e-mail, click here: <a href=\"https:\/\/www.theglobeandmail.com\/opinion\/letters\/article-claw-back-old-age-security-reconsider-definition-of-wealthy-seniors\/mailto:letters@globeandmail.com\" rel=\"nofollow noopener\" target=\"_blank\">letters@globeandmail.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Prime Minister Mark Carney appears with the leaders of Iceland, Sweden, Norway, Denmark&hellip;\n","protected":false},"author":2,"featured_media":550856,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,31755,24296,58606,147,530],"class_list":["post-550855","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-letters-to-the-editor","tag-noastack","tag-nopolly","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/550855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=550855"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/550855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/550856"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=550855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=550855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=550855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}