Tom Mulcair announced that an NDP federal government would increase the Guaranteed Income Supplement (GIS) for seniors by $400 million.
The NDP leader made the announcement Monday during a campaign stop in Toronto suggesting that the boost would help lift 200,000 vulnerable seniors out of poverty.
The GIS is a government benefit given to low-income seniors and is separate from Old Age Security (OAS).
The party also promises to reverse the Conservatives’ proposal to change the OAS eligibility age from 65 to 67.
“The number of seniors will nearly double in the next 25 years. The NDP is the only party with a national seniors’ strategy that will ensure that everyone can age with dignity,” Mulcair said in a press release.
The announcement comes after the other opposition parties recently pledged expanded benefits and boosted tax credits.
The Liberals promised to offer lifetime pensions to Canadian veterans and to expand the compassionate care benefit, while the Conservatives pledged to boost the withdrawal amount for the Home Buyers’ Plan, increase the adoption tax credit and reintroduce the home renovation tax credit.