Canada’s Conservative Party is proposing a broad tax break for seniors, including allowing them to invest in tax-sheltered retirement accounts for longer, as it tries to regain the advantage in the country’s election.
Canada's Conservative Party proposes a tax break allowing seniors to earn up to $34,000 annually without income tax (up from $25,000) and raising the RRSP contribution age limit to 73. This aims to appeal to older voters and focus on personal finance during the election campaign.
