SoVote

Decentralized Democracy

Hon. Judy A. Sgro

  • Member of Parliament
  • Liberal
  • Humber River—Black Creek
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $134,163.57

  • Government Page
  • Feb/9/23 10:07:04 a.m.
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Mr. Speaker, the current income tax system for seniors gives couples numerous ways to lower taxes while singles get none. Senior couples can split their pension income, thereby allowing them to pay less tax and qualify for the age amount tax credit and old age security with limited or no clawbacks. The undersigned single members and other citizens of Canada call upon the Government of Canada to offer tax benefits to senior singles equal to those now in place for senior couples, which would include offering single seniors a reduction of 30% on their income to be taxed and allowing, upon death, single seniors with an RRSP, RRIF or TFSA to transfer it to the RRSP, RRIF or TFSA of a beneficiary of their choice.
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  • Sep/22/22 1:55:10 p.m.
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  • Re: Bill C-31 
Mr. Speaker, I am pleased to answer my colleague's question. It is good to see him on the floor again. We have gone back and forth between us on a variety of issues. I believe in investing Canadians. All our money does not come out of mid air. It comes from Canadians. It comes from each and every one of us. It is what we do with that money that matters. Investing in Canadians and giving them back the very money they have given to us in programs like eye care and health care, and investing in the right businesses that will grow the economy, all of those are important things that we have a responsibility to do to ensure that Canada continues to move forward. Money only comes from one place, and that is from each and every one of us.
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