Liberals pledge to enhance CPP

Liberal Leader Justin Trudeau turned his attention to seniors in Toronto this morning, promising to enhance Canada’s pension plan and boost incomes for low-income seniors.

Trudeau told the Canadian Association of Retired Persons the Liberals would begin talks with the provinces on how to improve the CPP within three months of taking office.

He says the Liberals would also bring in a seniors price index to ensure old age security keeps pace with inflation.

Read: NDP promises to expand CPP

Trudeau promised to lower the eligibility age for old age security to 65—from 67—and boost the guaranteed income supplement for low-income seniors by 10%.

Taking a shot at rival NDP Leader Tom Mulcair, Trudeau said he won’t rush to eliminate the deficit in six months.

Mulcair courted seniors on Sunday, unveiling a plan to spend $1.8 billion over four years to help the provinces bolster care for seniors if his party forms government.

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