Coronavirus — One-time, tax-free payment for eligible seniors coming this week The federal government is sending $300 tax-free to every senior to assist with the added financial burden caused by the coronavirus pandemic.
The grant will go to 6.7 million Canadians over the age of 65.“We said if only 10 per cent of them said they didn’t need the money and decided to give it to a charity, we could raise $200 million,” said Ferguson.Ferguson also introduced the idea of donating the grant to other members of the Fredericton Golden Club.“I just thought, what a great idea, so I jumped on the bandwagon,” said Fred Blair, a member of the club.Ferguson pointed out another benefit to donating the money.“If we gave it to a charity we’d get $150 back.