Are The Conservatives Being Devious or Incompetent With Their OAS Cost Overestimations?
Report:
You don't have to pick just one answer.As debate over the sustainability of the country's Old Age Security system continues, new figures show the Conservative government has overestimated the cost of the system by hundreds of millions of dollars in three of the past four years.
While the government says the differences are to be expected and remain well within normal ranges, the opposition is arguing they raise further questions about the government's long-term projections about the OAS system's unsustainability.
A government report tabled in the House of Commons on Tuesday shows that while the government had anticipated paying out $29 billion in OAS during this fiscal year, the actual amount was $410 million less.
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