Seniors in Canada will be getting a one-time, tax-free top-up payment from the federal government.
Prime Minister Justin Trudeau made the announcement today that nearly 7 million senior citizens will be receiving relief cheques.
Seniors who receive old age security will get $300, and seniors who receive the guaranteed income supplement will receive an additional $200 to help with expenses related to COVID-19.
That’s a total of $2.5 billion that'll be provided with this relief measure.
A separate measure offered by the provincial government offers Manitoba seniors a one-time $200 tax credit, that can be expected by the end of the month.