Staff Writers
Provincial government unveils measures to address the rising cost of living
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The provincial government has unveiled several new measures to address the rising cost of living.
There will be $22.2 million provided to various groups.
The Income Supplement will be increased by 10 percent. This additional funding will provide up to a total of $1,000 per year for a family of four. Individuals with a disability would receive a total of up to $715 per year.
The Seniors’ Benefit will increase by 10 percent. Eligible individuals will receive up to $1,444 annually. The Seniors’ Benefit supports over 50,000 seniors and their families.
Over $5 million to provide a one-time benefit for those currently receiving income support. The money will be issued by the first week of April. Single individuals will receive $200 and $400 for families.
The provincial government will provide an additional $1.9 million for electric vehicle charging infrastructure, as well as a $2,500 rebate for consumers and a $1,500 rebate for the purchase of plug-in hybrid vehicles to help encourage the purchase of electric vehicles.
An additional $2 million will be provided to assist those who wish to transition their homes from oil to electricity. The program will provide a rebate of up to $5,000.