GOVERNMENT OF CANADA · DEPARTMENT OF FINANCE
FORM T-2025 · FISCAL DIRECTIVE

FISCAL
PLINKO

Set the policy. Drop the citizens.
Live with the consequences.

MINISTER, the 2025–26 deficit stands at $78.3B. The poverty rate stands at 10.2%.

You may amend the transfer programs once. Tax rates are locked — caucus would revolt. Then sixteen representative households will be processed through the fiscal apparatus. There are no second readings.

Objective: minimize the deficit AND the poverty rate. Analysts note these objectives may be in tension. Analysts have been reassigned.

FORM T-2025 · SCHEDULE A — POLICY AMENDMENTS
ONE SUBMISSION PERMITTED
§1 FAMILIES & CHILDREN
§2 SENIORS
REFERENCE MEMO
Build Canada — Rebalance Old Age Security. Ottawa spends ~$83B/yr on elderly benefits, a growing share of it flowing to households that don't need help. The memo proposes testing the OAS clawback on household income ($100k couples · $65k singles), winding down the Age & Pension credits, and recycling ~$2B into a $5,000 GIS top-up for seniors below the poverty line — roughly $12B/yr in net savings with senior poverty falling, not rising. Read the memo →
FORM T-2025 · SCHEDULE Z — FISCAL OUTCOME REPORT
FEDERAL BALANCE
?
FISCAL DISCIPLINE
POVERTY RATE
?
POVERTY REDUCTION
Want a real-world starting point? Build Canada's Rebalance Old Age Security memo household-tests the OAS clawback, retires the seniors' tax credits, and funds a $5,000 GIS top-up for seniors in poverty — ~$12B/yr in net savings. Read the memo →