101.7 FM
88.1HD2
8.85 c101.7 FM
88.1HD2
Feds pledge one-time benefit top-up to seniors in COVID-19 aid
BY , May 12, 2020 3:23 PM - REPORT AN ERROR
Diane Janvier Dugan poses with her 90-year-old mother Rosine Janvier. THE CANADIAN PRESS/HO - Diane Janvier Dugan
The federal government is giving seniors a one-time, tax-free top-up payment to help manage extra costs associated with COVID-19.
Seniors Minister Deb Schulte says seniors who receive old age security will get $300, and those who receive the guaranteed income supplement will receive $200.
In all, the $2.5-billion measure will provide payments to 6.7 million seniors, Schulte says.
She says many have faced an increase in the cost of living as a result of the COVID-19 pandemic, from more for dispensing fees for medications or delivery fees for food and services.
She also says their savings have taken a beating as stock markets have tumbled.
The government is also announcing that it won't suspend OAS and GIS payments to seniors who forget to file their taxes on time.
Share on
Related News
Sign up for the newsletter
We'll deliver best of entertainment right into your inboxWe love to hear from our listeners, so feel free to send us message
Message us on whatsapp
