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Liberals will increase old age security, CPP benefits if re-elected: Trudeau

Click to play video 'Trudeau pledges to boost Canada child Benefit, make parental leave tax-free' Trudeau pledges to boost Canada child Benefit, make parental leave tax-free
WATCH: Speaking at a campaign stop St. John’s, Nfld., Liberal Leader Justin Trudeau pledged to increase the Canada Child Benefit by 15 per cent for kids under the age of one, to make maternity and parental benefits tax-free, and to implement a program by 2021 to establish guaranteed paid family leave, if his party is re-elected in October – Sep 17, 2019

Justin Trudeau is promising to do more to boost incomes for seniors, widows and widowers.

He says a re-elected Liberal government would increase old age security by an extra 10 per cent once a senior turns 75, and will boost the Canada Pension Plan survivor’s benefit by 25 per cent.

Trudeau made the announcement at a lawn bowling club in Fredericton, a riding the Liberals picked up in 2015 as part of their sweep of the Atlantic provinces.

READ MORE: One week into the federal election, leaders continue to criss-cross Canada

While the Liberals and other parties have been targeting young families in the early stages of this campaign, voters over the age of 65 are often those who most reliably show up at the polls.

“Our parents have worked so hard and sacrificed so much to give us a good life,” Trudeau said.

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“Once they get to retirement they shouldn’t have to worry about their savings running out.”

Survivor benefits would see an increase of $2,080, while the increases to OAS mean $729 more for seniors each year. It would take effect in July 2020 and be indexed to keep up with inflation.

WATCH: Latest Ipsos poll sees Trudeau move ahead of Scheer as voters’ choice for prime minister

Click to play video 'Federal Election 2019: Latest Ipsos poll sees Trudeau move ahead of Scheer as voters’ choice for prime minister' Federal Election 2019: Latest Ipsos poll sees Trudeau move ahead of Scheer as voters’ choice for prime minister
Federal Election 2019: Latest Ipsos poll sees Trudeau move ahead of Scheer as voters’ choice for prime minister – Sep 18, 2019

The Liberals say the increase to OAS will cost $1.63 billion in 2020-21, rising to $2.56 billion in 2023-24.

Trudeau is spending most of the day in New Brunswick before moving onto Nova Scotia for a campaign event this evening.

This report by The Canadian Press was first published Sept. 18, 2019

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