Interventions in the House of Commons
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View Robert-Falcon Ouellette Profile
Lib. (MB)
View Robert-Falcon Ouellette Profile
2019-06-04 12:50 [p.28483]
Mr. Speaker, from Winnipeg Centre all the way to Surrey Centre, I want the member to know that division 7 of part 4 would amend the Old Age Security Act to provide, in July 2020, a new income exemption for the purpose of calculating the guaranteed income supplement. This new exemption excludes the first $5,000 of a person's employment and self-employment income, as well as 50% of the person's employment and self-employment income greater than the $5,000, but not exceeding $15,000. This will be great for seniors. It will allow them to continue working, while ensuring they receive those benefits.
We are providing our hard-working seniors with the things they need to be successful.
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