Portage-Lisgar MP Candice Hoeppner says the federal budget makes some bold moves in an effort to deal with Canada's long term interests. One of those measures includes raising the eligibility age for old age security to 67 from the current 65 beginning in 2023. Hoeppner was asked what the reaction to this move will be in her constituency.

 

 

Hoeppner points out Canadians will also be given the choice of retiring up to five years later, and cash in on higher OAS payments. That option will start July 1, 2013. 

 

Meanwhile, Canadians will soon be able to return to Canada with more duty free merchandise after spending a day of shopping in the U.S. Duty-free cross-border shopping limits will rise this summer to $200 for 24-hour trips and $800 for trips of 48 hours or more. Hoeppner says she doesn't think this will hurt local businesses operating near the border.

 

 

Hoeppner says the budget does provide support for small and medium-sized businesses by making EI premiums more stable and predictable, with annual increases limited to five cents. Also, the small business hiring credit is also being extended for another year. 

 

 

There was also something in the budget for communities hoping to spruce up some of their local facilities. The Harper government has earmarked $150 million over two years for a new community infrastructure improvement fund to support repairs and improvements to existing community facilities. Hoeppner says this is a brand new program.