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GardenGnome

(102 posts)
Mon Apr 7, 2025, 07:39 PM Apr 2025

Carney unveils year-long plan to support retirees amid trade war

Liberal Leader Mark Carney is promising temporary supports to help retirees cope with U.S. tariffs that are punishing markets around the globe.

Carney announced in Victoria on Monday that he will lower the minimum amount that must be withdrawn from a Registered Retirement Income Fund by 25 per cent.

...

Carney also pledged to boost the Guaranteed Income Supplement by five per cent to help low-income seniors.

The Liberal party says that measure would provide those seniors with up to $652. Both the GIS and investment measures would last for only a year.

...

https://nowtoronto.com/news/carney-unveils-year-long-plan-to-support-retirees-amid-trade-war/


Right now, more than ever, I'm grateful to live in Canada where the government believes their job is to make life work for all Canadians, not just the ones with a whole lot of money.
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Carney unveils year-long plan to support retirees amid trade war (Original Post) GardenGnome Apr 2025 OP
Trump will either ignore retirees or tell us to go get a job. Irish_Dem Apr 2025 #1
Yep GardenGnome Apr 2025 #2
Once SS and IRAs are cut or gone, retirees have nothing to lose any more. Irish_Dem Apr 2025 #3
He'll just agree we're worthless eaters slightlv Apr 2025 #4
Not fair to the billionaires who deserve tax cuts paid for with our SS. Irish_Dem Apr 2025 #5
Reminds me of an old Star Trek episode. Irish_Dem Apr 2025 #6

Irish_Dem

(72,217 posts)
3. Once SS and IRAs are cut or gone, retirees have nothing to lose any more.
Mon Apr 7, 2025, 07:46 PM
Apr 2025

Should get interesting.

slightlv

(6,094 posts)
4. He'll just agree we're worthless eaters
Mon Apr 7, 2025, 11:12 PM
Apr 2025

and command us to "die early"... like "right now"... saying it's not fair to the younger generations that we're taking up so much time, space, and money that should belong to the future.

Irish_Dem

(72,217 posts)
5. Not fair to the billionaires who deserve tax cuts paid for with our SS.
Tue Apr 8, 2025, 06:52 AM
Apr 2025

Yes not fair to anyone that old people live.

Irish_Dem

(72,217 posts)
6. Reminds me of an old Star Trek episode.
Tue Apr 8, 2025, 06:55 AM
Apr 2025

The Enterprise landed on a nice planet with a terrible quirk.

When people reached a certain age they had to be killed.
If the older person didn't go quietly to be killed,
it brought great shame to the family. They could not bear
the humiliation so the older person had to do "the right thing"
and go to their death.

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