Billions for pensioners gets all-party support, but seniors hold highest net worth

The government’s budget will send $12-billion over five years to seniors over the age of 75.

Finance Minister Chrystia Freeland's budget said an expansion of Old Age Security was a 'partial repayment' of a debt owed for the lives lost in long-term care homes during the COVID-19 pandemic. The budget also set aside $3-billion for improving standards of care in those homes, which fall under provincial jurisdiction. The Hill Times photograph by Andrew Meade

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BY PETER MAZEREEUW

May 3, 2021

The government’s 2021 budget promised billions for seniors, and opposition MPs are calling for more, but data from Statistics Canada suggests that not all seniors need the help. Finance Minister Chrystia Freeland’s (University...

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