Economic Indicators

Budget delays OAS eligibility to 67

The federal government hiked the eligibility age for Old Age Security (OAS) to 67 from 65 reflecting the reality that Canadians are living longer and healthier lives.

By Doug Watt |March 29, 2012

4 min read

Ontario drug plan signals social shift

The Ontario budget tabled yesterday included provisions that would see high-income seniors pay a new income-tested deductible on the provincial drug plan, starting August, 2014.

By Vikram Barhat |March 28, 2012

3 min read

Ontario backs away from PRPPs

It looks like Ontario has put a roadblock up against Ottawa’s proposed pension reforms, pushing instead for changes to the CPP.

By Tammy Burns |March 28, 2012

2 min read

U.S. homebuilder signals recovery

There are signs of a recovery in the U.S. housing market, as homebuilder Lennar posted a first-quarter profit of 8 cents a share, well above analyst consensus.

March 28, 2012

2 min read