The Liberals first made the promise of a new index during the 2015 election campaign, and referenced it again in their maiden budget last year.
The 2017 budget tabled last month made no mention of the idea.
It did project an increase in seniors’ benefits — from $48.3 billion this year to $63.7 billion five years from now — because of inflation and a growing number of Canadians eligible for old age security and the guaranteed income supplement.
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