PENSIONS AT SIXTY
DEBATE IN OTTAWA DEFEAT OF PROPOSAL . OTTAWA. Feb. 21 f There will be no inflation for Canada %'■ Mr. Charles Dunning, Minister of FinV ance, told the House of Commons when opposing the Commonwealth Federation ~ Party's proposal to grunt pensions to all Canadians at the age of 60 through the issue of currency estimated by the if Minister to cost 500,000,000 dollars annually. " No country ever grew rich I' through inflation," he said. " Canada is making progress regarding the control ■ of public credit but must proceed care- • fully along the lines laid down already in Parliament." * „ Mr. R. B. Bennett, Conservative leader, opposed the pensions on the ground that the plan was non-contri-butory and really intended to force all workers to retire at 60 which would militato against character-building. Social Credit members supported tho t • proposal, which was eventually ruled »ut of order.
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New Zealand Herald, Volume LXXIII, Issue 22351, 24 February 1936, Page 10
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145PENSIONS AT SIXTY New Zealand Herald, Volume LXXIII, Issue 22351, 24 February 1936, Page 10
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