Observer News Service
Mr. Tim Uppal, Member of Parliament for
Mr. Uppal made the announcement on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development, and the Honourable Marjory LeBreton, Leader of the Government in the Senate and Minister of State (Seniors).
Mr. Uppal highlighted $25,000 in funding for Hearts and Hooves Edmonton to help ensure that seniors have the opportunity to participate and take an active leadership role within their community.
"The Government of Canada is proud to support seniors in strengthening our communities and building our country," said Mr. Uppal. "This project will encourage seniors in
Hearts and Hooves Edmonton received funding for their project entitled Horse, Health and Harmony Initiative, where seniors will use a pet-therapy model and work with local youth to plan and develop visits with pets to senior care centres, improving the lives of seniors and develop intergenerational relationships.
The investment highlighted today falls under the Community Participation and Leadership component of the New Horizons for Seniors Program, which encourages seniors to continue to play an important role in their communities by helping those in need, providing leadership, and sharing their knowledge and skills with others.
With two additional components of the New Horizons for Seniors Program-Capital Assistance and Elder Abuse Awareness-the overall budget of the Program is now $35 million per year.
Since its beginning, the New Horizons for Seniors Program has funded over 4,200 projects in hundreds of communities across
- Increasing the Age Credit by $1,000 for 2009 and beyond to allow eligible seniors to receive up to an additional $150 in annual tax savings.
- Providing seniors with $200 million in tax relief by reducing the required minimum withdrawal amount for 2008 from Registered Retirement Income Funds by 25 percent, in recognition of the impact of the deterioration in market conditions on retirement savings.
- Helping older workers and their families through these tough economic times by investing an additional $60 million over three years in the Targeted Initiative for Older Workers, and by expanding the number of eligible communities to include older workers in small cities.
- Providing $400 million over two years through the Affordable Housing Initiative for the construction of housing units for low-income seniors.
- Establishing an independent Task Force to make recommendations on a cohesive national strategy on financial literacy for Canadians.