The GIS clawback starts from dollar zero for CERB and CRB income, meaning that pandemic income of $12,000 results in a GIS clawback of at least $6,000. The richest seniors get pandemic benefits with no clawbacks but the poorest are clawed back from “dollar one.”But that’s still just the beginning. The federal government allows GIS recipients to earn $5,000 a year without reducing GIS by a single penny. All other pandemic benefits except the CERB and CRB were paid out as refundable tax credits, as opposed to taxable benefits, where there are no clawbacks. The federal government, it seems, singled out poor working seniors for the single largest benefit clawbacks on one of its own programs.

Source: thestar November 15, 2021 06:08 UTC