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Carney vows to protect retirement income of seniors amid market turmoil if Liberals re-elected

If re-elected in the upcoming federal election, Liberal leader Mark Carney vowed Monday to help seniors whose retirement accounts have tanked due to market instability. He said the minimum amount required to be withdrawn from registered retirement income funds will be reduced by 25 per cent, and that guaranteed income supplement will increase by 5 per cent for a year.

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