Mr. Speaker, I appreciate the opportunity to address the subject of the old age security program and to discuss support for seniors. Members on this side of the House are always happy to discuss our accomplishments on this very important issue. I applaud the hon. member from Rimouski-Neigette—Témiscouata—Les Basques for bringing this motion to the House today and allowing us yet another opportunity to talk about our record.
I know she cares as much about seniors' issues as I do and I can understand why she has left the Bloc Québécois after considering its complete and utter inability to do anything but talk. It has accomplished absolutely nothing in its time in Ottawa and the frustration must be overwhelming. However, she can rest assured that this government is getting the job done.
At the outset I want to say that our record over the past 24 months has been one of action. We have laid out a plan and we are implementing it. This stands in stark contrast to 13 years of Liberal rule where seniors' issues were talked about but little action was taken.
That is not how the government works. On the contrary, just like the hon. member of the opposition, we are truly concerned about the financial and social welfare of our senior citizens and we take action.
That is why we have taken measures to improve the quality of life of seniors. Now, under the government’s leadership, seniors are receiving higher benefits through the guaranteed income supplement and the old age security programs than they ever received under the Liberal government.
One of the first things this government did upon our election in 2006 was to implement an increase to the guaranteed income supplement, or GIS, that totalled 3.5% annually for all GIS recipients, including those my colleague across the way specifically mentions in this motion.
We did this again in January 2007. This measure is providing more than $400 extra for a single recipient and almost $700 for a couple.
This amounts to an increase in the GIS of $2.7 billion over five years. That is the type of action the hon. member for Rimouski-Neigette—Témiscouata—Les Basques was asking for, but the impact is much more positive and affects more seniors than the narrow measures outlined in this motion.
We did not stop there. We have also doubled the tax based pension income credit from $1,000 to $2,000. This increase benefits nearly 2.7 million seniors who receive eligible pension income, providing up to $155 per pensioner.
The actions of this government have resulted in the removal of more than 85,000 pensioners from the tax rolls. Certainly that is something to be proud of.
In terms of benefits for seniors, when we contrast the progress of this government with Motion M-383 to apply the money recovered from overpayments to an increase in GIS payments, we see that the estimated increase would be only $1.70 per month for each GIS recipient. That is because overpayments are extremely rare. In fact, my colleague from Kamloops—Thompson—Cariboo mentioned that only a few moments ago on the subject of these payments. That figure will decrease dramatically as a result of our government’s plans to modernize the program.
The Government of Canada has long identified the needs of low income seniors as a key priority. This attention has clearly paid off. Canada's pension system is the envy of the world. Our country's mix of public and private pensions has been universally recognized as a highly effective way for countries to provide for retirement income needs.
However, this alone is not good enough for our government.
That is why we acted to help seniors protect their retirement income savings. In budget 2007, we increased the RRSP-RPP maturation age limit to 71 years of age from 69 so that older persons can shelter their tax-free investments for a longer period. Canadian seniors told us they wanted this done and we listened.
The proof is in the pudding. The incidence of low income among Canadian seniors is among the lowest in the developed world. We have fewer lower income seniors than the United Kingdom, Australia, Germany and the United States, to mention just a few. Canada can take pride in this major achievement.
Nevertheless, we are still finding ways to improve the lives of our seniors, not only economically but also in other aspects of their lives. In 2007, our government created the position of Secretary of State (Seniors. She works very closely with the National seniors Council to help identify policies that will respond to the needs of seniors. Unlike the previous government, which made great speeches and then hesitated and dragged its feet about implementing its policies, our government asks seniors what they want and then takes action.
The creation of the National Seniors Council and the Secretary of State for Seniors are examples of our government's deep commitment to seniors' issues. To further illustrate this, we have committed an additional $10 million per year to the new horizons for seniors program, which will help seniors to continue making valuable contributions to their communities and their country.
This program funds projects led by seniors within community based organizations. It is a grassroots approach. Seniors share their skills, wisdom and experience to their benefit and that of the community at large. By funding local projects, the program ensures that seniors have opportunities to participate and thrive in their communities. Many of these projects are designed to reach out to isolated seniors.
The Minister of Finance announced last week that budget 2008 would commit $13 million to fund projects that will raise awareness of elder abuse and fight to ensure that those who built this country are not taken advantage of. The remaining new horizons for seniors program funds will provide capital assistance for community buildings and equipment used in delivering seniors' programs.
Budget 2008 represents the most significant advance in ensuring the economic security of Canadian seniors of any budget in the past decade. Last week, the Minister of Finance announced that this government would increase the earned income exemption of GIS recipients to $3,500 from the current $500.
The Canadian Association of Retired Persons applauded the government for having listened to retired people on that score. Sean Sprackett, of Ernst & Young, said that for people receiving the guaranteed income supplement, this budget measure will be a real help.
When it is time to support this budget, I hope the hon. member will recognize the importance of these measures and the extent to which they will help low-income seniors.
Once again, I thank the hon. member for the opportunity to examine new measures to support seniors. This government is interested in listening to any new ideas from all members of the House, because a good idea is a good idea.
While we cannot support the motion, I ask the member to please be assured that we will continue to look at initiatives that seek to improve the well-being of Canada's seniors, because they deserve a government that does more than just talk about the issues. I will point out that the sponsor of the bill actually voted against the budget that would bring in many of these measures that are so important to seniors.
Seniors deserve a government that takes action on the issues that affect them. Under the leadership of this Prime Minister and this government, they finally have one.