PROVINCE DEFENDS BUDGET CUT TO PUBLIC TRANSIT TAX CREDIT FOR SENIORS

Jul 10, 2019

By Bob Komsic

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The Ford government says it expects ”no negative impacts” after a $6.2-million budget cut to the Ontario Seniors’ Public Transit Tax Credit program that helps older commuters cover costs.
A spokesperson for the transportation ministry says the budget for the tax credit was ”adjusted” to better reflect the anticipated costs of the program.
Those 65 or older on the last day of the previous tax year in which they’re claiming the refundable tax credit are eligible.
Seniors can claim up to $3,000 in eligible public transit costs and receive up to $450-a-year.
A spokesperson for the finance ministry refuses to reveal how many benefit, saying the government does not publish the numbers of recipients.
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