Government of Canada Increases Financial Support for Veterans
“It is important that we recognize our ill and injured Veterans. Through Budget 2016, we have worked hard to reopen offices, hire more frontline staff and increase financial benefits for Veterans. I am proud today to announce that every Veteran with a disability award will receive an additional lump sum payment. This means approximately $700 million dollars for 67,000 Veterans which will directly support their financial well-being.”
The Honourable Kent Hehr, Minister of Veterans Affairs and Associate Minister of National Defence
The maximum Disability Award will be increased from $314,723.89 to $360,000 on April 1, 2017. In addition, Death and Detention Benefit amounts will be increased accordingly. This is consistent with the recommendations made by the Veterans Ombudsman and the Standing Committee on Veterans Affairs.
The maximum Disability Award lump sum amount will be comparable to or greater than similar non-economic compensation amounts payable in Canada under private and public sectors insurance plans, by the Workers’ Compensation Board or as non-pecuniary damages awarded by Canadian courts.
Any Veterans who received a Disability Award more than two years ago and who are not currently receiving monthly program benefits from Veterans Affairs Canada are encouraged to contact the Department at 1-866-522-2122 (toll-free), Monday to Friday, 8:30 to 4:30, local time to confirm their address and banking information.
If Veterans do not update their information now, a letter will be mailed the first week of April asking them to complete and return a Verification of Address and Banking Information form.
Office of the Minister of Veterans Affairs
Veterans Affairs Canada
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