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

[GardenGnome]

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Carney announced in Victoria on Monday that he will lower the minimum amount that must be withdrawn from a Registered Retirement Income Fund by 25 per cent.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

[Irish_Dem]

1. Trump will either ignore retirees or tell us to go get a job.

[GardenGnome]

2. Yep

And the first job of all American retirees should be to kick him out of office.

[Irish_Dem]

3. Once SS and IRAs are cut or gone, retirees have nothing to lose any more.

Should get interesting.

[slightlv]

4. He'll just agree we're worthless eaters

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]

5. Not fair to the billionaires who deserve tax cuts paid for with our SS.

Yes not fair to anyone that old people live.

[Irish_Dem]

6. Reminds me of an old Star Trek episode.

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.