Justin Trudeau announces $4.5 billion to help low-income ”individuals and families” with rising inflation

On Tuesday, September 13, Justin Trudeau announced $4.5 billion in measures to provide relief to low-income families in face of rising inflation.

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On Twitter, Justin Trudeau said, “We’re going to provide relief for the middle class and families who need it most – and put more money back in your pockets.”

In a statement, Justin Trudeau’s office says that “Canadians are feeling the rising cost of living, particularly through higher food prices and rent.”

“While inflation is a global challenge – caused by the COVID-19 pandemic and Russia’s illegal and unjustifiable invasion of Ukraine – we are helping families weather its impacts by working to put more money back in the pockets of the middle class and those working hard to join it this year.”

Announcing legislation for the upcoming Parliamentary, his office outlines some measures part of a bill to “make life more affordable for Canadians who need it most.”

Some of the measures include doubling “the Goods and Services Tax Credit (GSTC) for six months”, providing “a Canada Dental Benefit to children under 12 who do not have access to dental insurance, starting this year”, and providing “a one-time top-up to the Canada Housing Benefit to deliver $500 to 1.8 million Canadian renters who are struggling with the cost of housing”.

Trudeau’s office says that the housing relief will “be available to applicants with an adjusted net income below $35,000 for families, or below $20,000 for individuals, who pay at least 30 per cent of their income on rent.”

Speaking about the bill, Justin Trudeau said “From helping families pay rent to making sure people can afford the dental care they need and putting hundreds of dollars back in the pockets of Canadians, this suite of new measures will support families who need it the most, when they need it the most. As we head into a new Parliamentary sitting, we are working hard to continue delivering results for the middle class and those working hard to join it.”

Yesterday, the new leader of the Conservative Party of Canada Pierre Poilievre challenged Justin Trudeau to commit to “no new tax increases” on Canadians.

Today, Pierre Poilievre also announced his new leadership team which he coins his “inflation-busting” team.

Poilievre says it is the mission of the Conservative Party to “fight Trudeau’s tax hikes & inflationary deficits to protect your paycheques & savings.”

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