This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

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 This material may not be published, broadcast, rewritten or redistributed.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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 17,384.16 +188.74 1.10%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,626.3530 +60.2150 1.32%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs