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View Mona Fortier Profile
Lib. (ON)
View Mona Fortier Profile
2020-04-20 17:23 [p.2214]
Madam Chair, I thank the member for her very important question.
We want seniors to know that they are not alone. We are making sure that we include everyone in the emergency programs we have implemented.
With regard to seniors' financial security, our government has taken several new measures: introducing the extra GST credit payment for low- and modest-income Canadians, which amounts to close to $400 for single individuals and $600 for couples; reducing required minimum withdrawals from registered retirement income funds by 25%, which will preserve RRIF assets during a volatile market; deferring any new balances due until August 31 and extending the deadline to file income taxes to June 1; and making an investment in the United Way, food banks and other charities to help seniors get the supplies they need, such as groceries.
We know that there is still more work to do. We are going to work with all members of the House of Commons and various seniors advocacy groups to keep supporting seniors.
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