Andrew Scheer will give more support to seniors

Increase the Age Credit to help our seniors get ahead

Today, Andrew Scheer, the Leader of Canada’s Conservatives, announced
that a new Conservative government will increase the Age Credit by $1,000. This
measure is part of the Conservative plan to put more money in the pockets of
all Canadians to help them get ahead.

“The increase will benefit seniors with low or medium incomes most,” said
Scheer. “Many seniors live on a fixed income and they are at the mercy of
governments like Justin Trudeau’s, which has increased the cost of living and
the price of everyday essentials.”

Since the Age Credit is income-tested, it will benefit low to middle
income seniors. With this measure, an
individual aged 65 could receive up to $150 more per year and a couple could
receive up to $300 more per year.

“Our commitment is clear: it’s time for you to get ahead. This $300 tax
relief for senior couples is on top of our Universal
Tax Cut for all Canadians. We will also eliminate the GST from home heating
costs and introduce the Green Public Transit Tax Credit. Seniors will benefit
from all those tax cuts and file a single tax return in Québec, as we committed
to do,” concluded Mr. Scheer.

This increase will be the third of its kind made by a Conservative
government. In 2006, and again in 2009, Canada’s Conservatives increased the
Age Tax Credit by $1,000.

SUPPORTING
DOCUMENTATION:
– Backgrounder
– Independent
Parliamentary Budget Officer Costing