HALIFAX Senior citizen
Marilyn Peers saw some new money for seniors in the federal budget, but the 77-year-old Halifax resident hoped for more.
“It’s going to be worse than better in the near future, and (seniors) have a lot of concern for our adult children, as well as how it will affect us,” she said last night.
Peers and her husband are retired, and rely on investment income. She hoped the government would freeze forced withdrawals from registered retirement investment funds.
OTTAWA Single student
A student at the University of Ottawa, Adrianne Walton followed the federal budget yesterday to see – for better or for worse – how student life would be impacted.
Walton, 31, recently returned to school full time for her bachelor of science and nursing degree after working as a registered practical nurse for a year.
She followed the budget to find out what the federal government allotted for long-term care.
She said she also wanted to see more money filtered into universities and colleges.
CALGARY Double income family ($150K), 2 kids
Calgary small business owner, proud husband and father of two, Mike April, watched yesterday’s budget and said as far as his family goes, there wasn’t a lot that he could see directly benefiting them — aside from the tax cuts.
According to Dean Paley, tax professional for Edward Jones Canada, the Aprils will see that tax relief — to the tune of about $350 per year, having a two-income household nearing the $150,000 mark.
Paley said the Aprils will continue to realize good tax and retirement benefits in the future as long as they continue to contribute regularly to RRSP’s and their children’s education.
EDMONTON Single parent
For single father Warren Dahlen, yesterday’s federal budget announcement means he should be able to keep putting food on the table in front of his two young daughters.
The federal government has promised $12 billion for infrastructure, which is good news for the 40-year-old electrician, whose employment is only secured by new construction.
“It’s going to guarantee some tradesmen out there will keep their jobs. As long as things are being built, we’ll be working,” he said.
VANCOUVER Same-sex couple
A newly married Vancouver couple will save $1,100 in taxes this year thanks to almost $20 billion over five years in tax relief announced in yesterday’s federal budget.
Karen Chan, 29, and Amy Romanas, 35, were married last January and are filing their tax returns together for the first time. Combined, the couple earns about $100,000 annually.
They are benefiting from an increase in the basic personal exemption to $10,320.
Budget reaction from Canadians across the nation
HALIFAX Senior citizen