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Mmastodon BusinessEconomy first seen 21 h ago, last 13 h ago, peak #3

OAS increase of 1.4% criticized as too small

Original: RE: https:// flipboard.com/@dailyhive/daily -hive-canada-qfe1clipz/-/a-Obznbw5uQ9qk1tEcmjSn9g%3Aa%3A3765800918-%2F0 So O

Old Age Security payments in Canada are set to rise by 1.4%, prompting criticism that the increase falls well short of rising living costs. Commenters point to inflation in rent, groceries, clothing, prescriptions, utilities, transportation and healthcare, arguing the adjustment leaves seniors further behind financially.

Why now: The modest OAS increase is being contrasted with steep ongoing cost-of-living increases affecting Canadian seniors.

Old Age SecurityCanadaDaily HiveService Canada

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Rank over time, top of the chart is #1. 7 snapshots from 21 h ago to 13 h ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/412644