FEDERAL BUDGET MEETS AND MISSES SOME CARP CONCERNS

Feb 27, 2018

By Michael Kramer

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The federal budget focuses on women, science and conservation.
There’s 21-and-a-half-billion in new spending but no new taxes – or tax cuts.
It includes an 18-billion dollar deficit for the coming fiscal year – with no plan for a return to balanced books through to at least 2023.
On issues of interest for Zoomers :
The government will appoint a group of advisers to explore options for a national pharmacare program – to cover the costs of prescription drugs.
CARP’s Wanda Morris says she’s really pleased at that news because this is something the advocacy group has been seeking for years.
The advisory council will be led by former Ontario health minister Eric Hoskins.
  
A survey last year found about one in ten CARP members reported extreme financial strain from buying prescribed medications – and a further one-quarter reported some financial strain.
But CARP is disappointed that there’s no promise to protect current and future corporate pensioners.
The group’s members are strongly in favour of super priority status for pensioners – and more than 28,000 Canadians signed a CARP petition on the issue.
Wanda Morris says there was nothing in the budget about a special senior’s price index which the government has promised to deal with – and there was no movement on RIF reform or mandatory starting periods for CPP and OAS – all issues of concern for CARP members.
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