So it is starting to look like the requirements for collecting OAS are going to go up in the upcoming federal budget.
http://ca.finance.yahoo.com/news/fin...180040182.html
They list raising the eligibility as the most likely outcome but also mention reducing the eligibility criteria based on means. Apparently 98% of Canadians over 65 currently qualify for roughly $500 per month. Maybe it should be clawed back if you have assets over a certain amount or high enough income. I think with pension splitting and such in place now a couple can make $140000 a year before they get any clawbacks.