Finance Minister Chrystia Freeland is reportedly about to unveil a $7 billion plan detailing how government programs will help the most vulnerable hedge against inflation.
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However, these would not be new programs, but rather enhancements to existing programs, specifies the “Toronto Star”, which leaked the minister’s initiative on Wednesday morning.
Ms. Freeland is expected to address the topic Thursday during a presentation on Bay Street in Toronto.
Among the programs that will be discussed are the Old Age Security (OAS), the Canada Child Benefit (CCB), the Canada Workers Benefit (ACT) or the Canada Housing Benefit (CLA). .
The $7 billion would already be included in the government’s financial framework, reports the “Star”.