I spent the afternoon today connecting with the dynamic seniors of Markham-Thornhill where I spoke to the seniors about this important investment. Thank you to the Parya Trillium Foundation for hosting me today and allowing me the opportunity to speak about the important things our government is doing to support our seniors.
After a lifetime of hard work, middle class Canadians want to know that they will have the money they need to retire with dignity. That is why our government is investing in Canadians now to ensure they can enjoy a comfortable retirement in the future. Our government is making it easier for middle class Canadians to retire by:
- Lowering the age of eligibility for Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) from 67 to 65;
- Increasing the GIS top-up by up to $947, benefitting 900,000 vulnerable seniors; and
- Enhancing the Canada Pension Plan to raise the maximum CPP benefit by up to 50%.