Wednesday, March 07, 2007

Making Good On Liberal Promises

Once again the Harper government makes good on Liberal promises.

During the announcement, the government also said it will spend $14 million on 775 projects for seniors under the New Horizons for Seniors Program, which was launched in 2004.

And none of the Seniors groups even mentioned Income Splitting as a priority!

CARP wants changes to the clawback on the Guaranteed Income Supplement, Cutler said.

Under current rules, Cutler said, if a senior receives any other income on top of the GIS, he or she loses 50 cents on each dollar from the supplement, which is aimed at very low-income seniors.

CARP doesn't want that rule to kick in for the first $5,000 of extra income a GIS recipient gets. That would encourage seniors to find part-time work, Cutler said.


Pension Plans

Income Splitting


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