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Decentralized Democracy

House Hansard - 157

44th Parl. 1st Sess.
February 9, 2023 10:00AM
  • Feb/9/23 10:07:04 a.m.
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Mr. Speaker, the current income tax system for seniors gives couples numerous ways to lower taxes while singles get none. Senior couples can split their pension income, thereby allowing them to pay less tax and qualify for the age amount tax credit and old age security with limited or no clawbacks. The undersigned single members and other citizens of Canada call upon the Government of Canada to offer tax benefits to senior singles equal to those now in place for senior couples, which would include offering single seniors a reduction of 30% on their income to be taxed and allowing, upon death, single seniors with an RRSP, RRIF or TFSA to transfer it to the RRSP, RRIF or TFSA of a beneficiary of their choice.
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  • Feb/9/23 2:32:02 p.m.
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Mr. Speaker, we have been, in the government here, supporting veterans since the beginning. Since 2016 we have invested over $11 billion to support veterans, including lots of different programs to support those veterans, whether it be a chronic pain centre for veterans or Pension for Life. We have been there since the beginning to support veterans, and we will be there as we continue as government.
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