Canadian gov't faces $16B demand by Oct 29 for old age security increase; non-support could lead to Bloc seeking gov't collapse.

The Canadian government must decide by October 29 whether to meet the Bloc Québécois's $16 billion demand to increase old age security for seniors under 75. Failure to support the bill could lead Bloc Leader Yves-François Blanchet to seek alliances to topple the Liberal minority government. This demand may conflict with the Liberal Party's fiscal plans, which aim to address generational fairness while managing deficit spending amid rising inflation.

September 29, 2024
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