The New Democrats and Conservatives both rolled out a series of promises to cut taxes Wednesday that the party leaders say will help provide relief to lower-income Canadians.
Conservative Leader Pierre Poilievre’s campaign is targeting working seniors with a pledge to increase the amount of money they can earn before they have to pay tax by $10,000.
Under the plan, the party says working seniors with an annual income under $42,000 will now be able to earn as much as $34,000 without paying taxes, saving them up to $1,300 annually.
The Conservative plan does not provide a costing for the measure.
“Only common sense Conservatives will lower taxes, protect seniors’ savings and build a Canada where decades of hard work mean a great retirement,” Poilievre said in a video announcing the policy.
The Conservatives also announced that they will allow seniors to keep contributing to their RRSPs until the age …