Manitoba investing $45M to lessen financial burden for seniors

By | May 5, 2020

WINNIPEG — The Manitoba government announced it’s investing $45 million in financial support for the province’s seniors during the COVID-19 pandemic.

Premier Brian Pallister made the announcement at a news conference on Tuesday.

“This payment will provide seniors with some of the support they need during this very, very challenging time,” he said.

The new Seniors Economic Recovery Credit, which was created through an expansion of the Manitoba Protection Plan, will give a $200 one time, refundable tax credit to every Manitoban aged 65 and older. The premier noted that 225,000 seniors will receive a payment in May.

“Our government has begun to carefully reopen Manitoba’s economy this week, this credit payment is putting $45 million more into the hands of Manitoba’s seniors right away,” Pallister said.

Manitoba’s Department of Finance will be mailing a cheque as a credit advance to every senior that filed a 2018 income tax return before April 1, 2020.

The province noted, this tax credit won’t be counted taxable as income and won’t be used to claw back income-tested benefits for seniors.

“Seniors in our province deserve our love and respect and our extra help and support as well,” the premier said.

Pallister also thanked those who offered condolences over the death of his younger sister.

This is a developing story, more details to come.

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