Trudeau announces financial support for seniors
Seniors who have faced an increased cost living due to COVID-19 will get a one-time payment to help alleviate those costs.
Prime Minister Justin Trudeau said seniors who receive Old Age Security will get $300, and those who receive the Guaranteed Income Supplement will get $200. Seniors who are recipients of both programs are eligible to get both top-ups.
The total cost will be about $2.5 billion and will assist almost seven million seniors.
“There’s no question that COVID-19 is taking its toll on seniors both emotionally and financially,” Trudeau said.