Mr. Speaker, seniors in Saint John—Rothesay deserve more support from their federal government. That is why I am pleased to rise today to talk about the historic investments our government is making in support for our seniors through budget 2019.
To help low-income working seniors keep more of what they earn, we are enhancing the GIS earnings exemption to provide a full or partial exemption on up to $15,000 of annual employment income. We are also investing an additional $100 million over five years for the new horizons seniors program.
Finally, we are working to ensure that all seniors have access to the prescription drugs they need, regardless of their means, by moving toward the full implementation of a national pharmacare program. We are doing this by establishing the Canadian drug agency, a national formulary and a national strategy for high-cost drugs for rare diseases. These investments will change the lives of thousands of seniors in my riding.