Thank you, Mr. Chair.
After a lifetime of hard work, Canadians deserve peace of mind in retirement. We are ensuring that Canada pension plan and old age security payments continue and that new applications are processed as quickly as possible.
We have introduced new measures during this crisis, including offering an additional GST/HST credit of $400 per adult, on average, and $600 per couple. We are also reducing the minimum withdrawals from registered retirement income funds by 25%, and allowing people to defer paying tax until August 31.
We will continue to explore other ways to support Canada's seniors and retirees.