Mr. Speaker, we owe a debt of gratitude to our seniors. They built our country by working hard and paying taxes, and they deserve a break in their retirement years. That is why the government has given them a significant tax break by allowing pension income splitting for couples. We also have increased the amount of money seniors can claim through the age and pension income credit on their annual income tax returns.
This government has also increased the maximum guaranteed income supplement benefit and the refundable medical expense supplement. Of course in the latest economic statement, the government lowered income taxes for all Canadians, including seniors, and lowered the cost of living by reducing the GST from 7% to 5%.
Seniors deserve our support and respect. In the case of this government, we not only talk the talk, we walk the walk.