PETITCODIAC, NEW BRUNSWICK, January 18, 2007-Rob Moore, Member of Parliament for Fundy Royal, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development, today announced $2,218 in funding under the New Horizons for Seniors Program.
Canada's New Government's funding to Kodiac Place Ltd. will provide a meeting space and volunteer catering services for local organizations, enabling seniors to share their skills and experience with the community. "Canada's New Government recognizes that seniors have helped to build this country and we should be giving something back to them," said Mr. Moore. "Community based projects, like Kodiak Place Ltd., encourage seniors to share their skills, wisdom and experience, which, in turn help strengthen relationships across generations."
The federal government is acting to address the needs of seniors through the introduction of a series of important measures that include:
A proposed change in tax policy for seniors, beginning in 2007, permitting income splitting for pensioners;
Bringing forward legislation to make it easier for seniors to apply for and receive the Guaranteed Income Supplement;
Increasing the Pension Income Credit from $1,000 to $2,000 per year - putting almost $900 million back in the hands of seniors over the next two years; and,
Introducing a Tax Fairness Plan that will increase the age credit by $1,000 (from $4,066 to $5,066), effective this tax year.
The New Horizons for Seniors Program provides grants to support a range of community-based projects across Canada that encourage seniors to contribute to their communities through social participation and active living. Projects support broad national objectives and regional priorities.
For more information on the Government of Canada's New Horizons for Seniors Program, visit www.hrsdc.gc.ca.
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Media Relations
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