The findings in this report highlight the important role of Old Age Security in reducing poverty, with payments under this program making up a large share of annual income for older adults in Toronto’s lowest income deciles. However, too many eligible older adults in Toronto are not receiving OAS benefits.
Findings also revealed that certain groups, including racialized older adults and those with limited proficiency in English or French, are more likely to be missing out in Toronto. Increasing awareness and removing barriers will be key to expanding OAS access. However, more research is needed to understand these barriers and to develop evidence-based strategies. Old Age Security is a critical poverty reduction program and ensuring that every eligible older adult receives these benefits should be a priority.