This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Minister Of State Wong Discusses Seniors' Issues While In China And Japan


Backgrounder






The Government of Canada is working hard to help improve the lives of seniors on many fronts. These efforts include:
  • introducing in 2011 a new Guaranteed Income Supplement (GIS) top-up benefit to help Canada's most vulnerable seniors. This was the largest increase in 25 years to the GIS for the lowest-income seniors. This measure further improves the financial security and well-being of more than 680 000 seniors across Canada;
  • increasing funding to the New Horizons for Seniors Program (NHSP) in Budget 2011 by $5 million, bringing the Program's annual budget to $45 million. The Program helps seniors use their leadership abilities, energy and skills to benefit communities across Canada;
  • providing Canadians with close to $76 billion this year through Canada's public pension system;
  • providing $2.7 billion in additional tax relief to seniors and pensioners through measures such as pension income splitting and increasing the Age credit in 2012-2013;
  • providing $400 million over two years under Canada's Economic Action Plan for the construction of housing units for low-income seniors;
  • supporting positive and active aging through the collaborative Age-Friendly Communities Initiative, Physical Activity Tips for Older Adults, and falls-prevention initiatives;
  • actions to address elder abuse, which include: awareness campaigns; the NHSP, which funds projects to raise awareness of elder abuse; and legislation that would help ensure consistently tough penalties for offences involving the abuse of elderly persons; and
  • developing seniors.gc.ca as a central resource for seniors on government benefits and services, including finances, housing, health and wellness.

SOURCE Human Resources and Skills Development Canada

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs