Achieving an agreement in principle with provinces and territories to strengthen the CPP is a powerful step toward helping Canadians have a strong, secure and stable retirement.
Returning the eligibility age back to 65 for Old Age Security and the Guaranteed Income Supplement prioritizes how we care for older Canadians. It will put thousands of dollars back in the pockets of Canadians as they become seniors.
Strengthening income security for Canada’s most vulnerable single seniors reaffirms the government’s commitment to helping low-income seniors. This will improve the financial security of about 900,000 single seniors across Canada.