More Support for Seniors

September 17, 2019

Canadians are living longer than ever before. And, as we age, costs go up. After a lifetime of hard work, you shouldn’t have to worry about your savings running out.

That’s why one of the first things we did when we took office was to restore the age of eligibility for Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) benefits from 67 back to 65. We also increased the GIS top-up to help single seniors with the cost of living by $1,000 a year to help pay for things like groceries. 

That said, there’s more progress to be made. Seniors have built the Canada we know and love today. And they deserve to enjoy their golden years to the fullest. So we’re going to keep making progress and increase the support that they rely on every day.

After 75, you’ll be able to count on a stronger Old Age Security— we’re going to increase it by 10%. That’s an extra $729 on average, and will lift more than 20,000 seniors out of poverty, two-thirds of whom are women.

On top of that, we’re going to do what we can to help seniors who lose their partner. It’s one of the hardest things to go through in life, and worrying about rent is the last thing you should be focusing on. It’s why we’re going to increase the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP) survivor’s benefit by 25% for an increase in the maximum benefits of more than $2,000 a year. But more importantly, it will give you the time and  peace of mind to adjust to a new life. 

The Liberal team will always be there for you so you can spend less time worrying, and more time doing the things you love.

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