BOLTON— David Tilson, Member of Parliament for Dufferin-Caledon, on behalf of the Honourable Diane Finley, Minister of Human Resources and Social Development, today announced $18,700 in funding for the Caledon Seniors Centre, through the Government of Canada’s New Horizons for Seniors Program.
“Canada’s new Government is committed to enhancing senior Canadians’ social well-being in communities by encouraging them to share their skills, wisdom and experience,” said Mr. Tilson. “Projects like the one I’ve had the pleasure of announcing today, help reduce the risk of social isolation among older adults by promoting their ongoing involvement in the community.”
Canada’s new Government is acting to address the needs of seniors through the introduction of a series of important measures which include:
- A major positive change in tax policy for seniors, beginning in 2007, with the permitting of income splitting for pensioners;
- Bringing forward legislation to make it easier for seniors to apply for and receive the Guaranteed Income Supplement (GIS);
- Increasing the Pension Income Credit from $1,000 to $2,000 per year – putting almost $900 million back in the hands of seniors over the next two years; and,
- Introducing a Tax Fairness Plan that will increase the age credit by $1,000 (from $4,066 to $5,066) effective this tax year.
For more information on the Government of Canada’s New Horizon for Seniors Program, visit our Web site at www.hrsdc.gc.ca.