Labor shortage: the PLQ promises $500 million to convince older people to return to the labor market

To encourage retirees to return to the job market, the Quebec Liberal Party is proposing to increase the tax exemption from $15,000 to $30,000 for workers over 65 years old.

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The Liberal leader was on the way to visit the PLC company in Senneterre, Abitibi, very early Saturday morning to talk about the labor shortage.

Dominique Anglade took advantage of the start of this long Labor Day holiday to address older people wishing to stay or return to the job market.

These often slow down their momentum because of the lack of financial incentives.

“They are tired of having to pay to work,” said Ms. Anglade.

Thus, the PLQ promises to increase the basic tax exemption for workers aged 65 and over, from $15,000 to $30,000.

According to the political party, it would be a financial gain that could represent $2,000 more in their pockets.

End of QPP

Then, M.me Anglade would put an end to contributions to the Quebec Pension Plan (QPP) for workers aged 62 and over. A measure that would be done without impact on the pensions they will receive on retirement, she says.

“This could bring up to $3,000 in savings for an employee and $6,000 for a self-employed worker,” the party estimates.

Two measures valued at half a billion that would help companies recruit staff, estimates the PLQ. According to Ms. Anglade, 100,000 people could thus reintegrate into the labor market.

“With 271,000 vacant positions currently, the entire economy of Quebec is being held back by the inaction of the CAQ,” she said, still counting on increasing the immigration thresholds to 70,000 new arrivals per year. . “This labor shortage can be addressed in several ways.”

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