Justin Trudeau, Prime Minister of Canada said across the country, more families are able to give their children the best possible start in life, more seniors are able to enjoy their retirement, and more Canadians are able to reach their full potential. There’s much more to do for all Canadians, and we will continue to take action so everyone has a real and fair chance at success.
The Government of Canada’s plan for Canadians has focused on making life more affordable for families, and helping those who need it the most. By cutting taxes, supporting families, and creating new jobs, we are making sure that everyone has a fair chance to succeed.
The Prime Minister, Justin Trudeau, today visited a Boys & Girls Club in Scarborough, Ontario, where he highlighted how important government initiatives have helped lift more than 1 million Canadians out of poverty since 2015 – including 334,000 children and 73,000 seniors. The Government of Canada has made reducing poverty a core priority, and introduced the country’s first-ever Poverty Reduction Strategy in 2018 to set clear goals and help Canadians, no matter where they live or where they come from.
All Canadians benefit when we invest in programs that help the middle class, grow our economy, and reduce poverty. That’s why the Canada Child Benefit, which provides more money to nine out of ten Canadian families, was introduced in 2016. The benefit has been increased twice to keep up with the cost of living, and is putting more money back into the pockets of Canadian families to help with the realities of raising children.
Canadians are also seeing advantages of the increase to the Guaranteed Income Supplement for seniors, and the middle class tax cut. These initiatives are giving more money to people who need it most, helping families make ends meet, and giving seniors the secure retirement that they deserve.
To make life more affordable and reduce chronic homelessness, the Government of Canada also provided a once-in-a-generation investment in Canada’s very first National Housing Strategy. Through the Strategy, more Canadians will have access to a safe and affordable place to call home thanks to initiatives like the Canada Housing Benefit.
While poverty affects everyone differently, reducing its impact benefits all Canadians. As we reduce poverty levels in our country, we are making our communities stronger and more resilient, promoting economic growth, increasing opportunities for young people, and helping more Canadians join the middle class. We will continue to work towards creating a better country and reduce poverty for everyone, regardless of where they live in Canada.