The Prime Minister wants to raise the age at which people can collect the Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) from 65 to 67. That is the worst possible way to deal with the challenges of income security in retirement. Today’s seniors understand those challenges well. They wonder how their children and grandchildren will be able to save for  retirement in a changing economy where for the last thirty years middle-class wages have stagnated in real terms. Housing also eats up a bigger chunk of  family income, and rising tuition costs place debt burdens on young people.  Click here to read the rest of the letter (PDF format).