We believe that everyone deserves a real and fair chance at success; this is what drives us to grow the middle class and support people working hard to join it. Since forming government, we’ve been focused on growth that benefits all Canadians and poverty reduction. Today, Minister Duclos launched Canada’s first-ever national poverty reduction strategy. This strategy sets new poverty reduction targets, and establishes the federal government as a full partner in the fight against poverty.
The poverty reduction strategy builds on the progress we have made together so far. This includes the Canada Child Benefit, which was introduced in 2015 and has lifted more than half a million Canadians, including more than 300, 000 children, out of poverty. We reversed the changes to the Guaranteed Income Supplement and Old Age Security by restoring the age of eligibility from 67 to 65 and made benefits for seniors more generous, which is helping lift 100,000 seniors out of poverty every year. Canada’s first-ever poverty reduction strategy will cut the number of Canadians living in poverty in half by 2030, because every Canadian deserves a real and fair chance to succeed.