Issue 47 – 25, April 20, 2025
Federal Election: A Crucial Moment for Union Retirees in Canada
The upcoming federal election represents not only an opportunity to influence the direction of our country but also a pivotal moment for union retirees and seniors across Canada. With vital issues such as the housing crisis, health care, and economic pressures from U.S. trade policies dominating the conversation, one underlying trend remains at the forefront, an aging population.
By 2040, nearly a quarter of our population will be over 65 years old, presenting urgent challenges that policymakers must address. The number of Canadians aged 65 and older reached seven million as of the last census, and projections indicate this number will continue to grow. This demographic shift necessitates a reimagining of existing policies to cater to the evolving needs of older Canadians.
As the baby boomer generation continues to retire, our labour productivity may decline, shrinking the income tax base that sustains essential public services. More pressing is the need for substantial investments in an already strained health care system that struggles to meet the demands of older adults.
For those aged 65 and older, the average annual cost of health care is about $12,000, significantly higher than the $2,700 spent on younger individuals. Polling indicates that 95% of Canadians value the option to age at home, though only 12% have the financial means to ensure adequate home care. Policies that encourage aging in place, while desirable for promoting independence, raise critical issues surrounding social isolation, housing accessibility, and the affordability of necessary services.
While the narrative might suggest that baby boomers are enjoying comfortable retirements, the reality is different for many. Around 30% of individuals using shelters in Canada are aged 50 or older, and a recent report suggested that over 430,000 Canadians over the age of 65 live in poverty.
As we prepare for the election, it's essential to consider the positions of the major political parties regarding the needs of union retirees:
The Conservative Party
The Conservatives have pledged to maintain the retirement age at 65 and allow seniors to keep their savings in Registered Retirement Savings Plans (RRSPs) until age 73. They would also enable working seniors to earn up to $34,000 tax-free. While these measures may alleviate some immediate financial concerns, the Conservatives did not specify how much these proposals would cost the government. Furthermore, Poilievre promotes income tax cuts and increased contributions to Tax-Free Savings Accounts (TFSAs), aimed at bolstering savings but may leave many union retirees and seniors without appropriate supports.
The Liberal Party
The Liberals have proposed temporary supports to assist union retirees in navigating economic pressures, including lowering the minimum required withdrawal from RRIFs by 25% for a year and increasing the Guaranteed Income Supplement by five percent for low-income seniors. Carney has also promised a one-point cut to the middle-class tax rate, aiming to benefit over 22 million Canadians. While these measures may provide some relief, the Liberals' focus appears more short-term rather than addressing structural issues affecting union retirees and seniors.
The New Democratic Party (NDP)
The NDP has committed to lifting all seniors out of poverty by increasing the Guaranteed Income Supplement. Singh has also pledged to expand pharmacare to cover all medications, ensuring that seniors have access to necessary health care. Additionally, the NDP plans to connect all Canadians with a family doctor by 2030, addressing a critical gap that many union retirees currently face.
As union retirees, our collective voice holds significant power in advocating for policies that prioritize retirement income security, health care access, and positive aging experiences. Here are key areas where we must place our emphasis during this election and present to the next government:
Retirement Income Security
Advocating for stable and reliable income for union retirees and seniors is essential to combat rising costs of living and economic uncertainties. Enhanced pensions and targeted support are critical for ensuring economic stability in retirement.
Promoting Positive Aging
Future governments must establish long-term strategies to support older adults in housing, health care, and transportation.
Minister of Seniors
Reinstating the cabinet position of the Minister of Seniors is crucial to ensure that older Canadians' voices are represented in policymaking.
Health Care Accessibility
Significant improvements are needed to ensure that older Canadians have access to timely, quality health care and home care services, including a sustainable national pharmacare program.
The NDP's comprehensive approach to tackling senior poverty and health access resonates with the needs of union retirees and the broader aging population. Their emphasis on intergenerational equity and investment in community health aligns with our goals for a brighter and secure future for all Canadians as we age.
Let us ensure we have enough NDP MPs fighting for policies that prioritize the well-being of union retirees and seniors. Together, we can demand a framework for healthy, active, and financially secure retirements that benefits everyone in our communities.
Earth Day, April 22nd
Join the Congress of Union Retirees of Canada in the Fight Against Climate Change: Pledge to Plant a Tree!
As we approach Earth Day on April 22, the Congress of Union Retirees of Canada (CURC) is kicking off our annual national initiative encouraging union retirees and union members across the Canadian Labour Congress (CLC) to act against climate change by making a simple yet impactful pledge: “Plant a tree!”
By committing to plant at least one tree this year, CURC members, union retirees, affiliates and their families, and friends of all ages can play a vital role in protecting and restoring our planet. This initiative not only addresses the pressing climate crisis but also fosters a sense of community and shared responsibility.
Why Plant a Tree?
Trees are essential allies in the fight against climate change. They act as natural carbon sinks, absorbing CO2 while supporting a diverse range of wildlife and contributing to the rich tapestry of our ecosystems. With approximately 362 million hectares of forest in Canada, there is ample opportunity for us to contribute to a healthier environment.
Union retirees, with their time, skills, and passion for giving back, are uniquely positioned to lead this charge. By participating in tree planting initiatives, they can create lasting change, improve their own well-being, and foster intergenerational connections within their communities.
Make Your Pledge Today!
Now is the perfect time to join the CURC forest! Making your pledge is easy: Whether you plant on your own property, a friend's space, or in a local park, with permission, each pledge counts. With the supportive structure provided by CURC and our partners at the Global Foundation for Social Harmony (GFoundation), participants will receive follow-up communications to ensure the trees planted are recorded and celebrated.
Once you plant your trees, you can register them easily:
All registered trees will be included in CURC's virtual forest, showcasing our collective efforts to combat climate change and enhancing our connection to nature.
Every tree planted is not just a step toward fighting climate change—it is a testament to the commitment of individuals dedicated to nurturing our planet. By participating in this initiative, union retirees are not only making a positive environmental impact but also enhancing their community's social cohesion and resilience.
Read Pledge - Tree Planting For Our Lives And The Planet – Global Foundation
Read more - Planting the right tree in the right place for a better tomorrow - Canada.ca
CURC 15th Constitutional Convention
The convention will chart the course forward for the union retiree movement.
The Fifteenth Convention of the Congress of Union Retirees of Canada will take place at the Pan Pacific Toronto, 900 York Mills Rd, Toronto, the convention will be held June 17th, to June 19, 2025.
We are now 2 months until the start of the convention, we are one month from the deadline to book your room at the rate of $174.00 including parking.
We are so excited to announce that Charlie Angus, Retired Timmins—James Bay NDP MP, Elbows Up! Resistance Tour will be a guest speaker, “union retirees getting their elbows up”, evening of celebration for the contributions of union retirees to everything Canadian.
The convention will also focus with expert panels on Health Care and Affordability. Previously we announced, Jim Stanford will be a key presenter, Economist and Director of the Centre for Future Work, based in Vancouver, Canada. Jim is one of Canada’s best-known economic commentators
Be a delegate, participate in building the union retirement movement forward.
For more information about the convention please email curc@clcctc.ca .