Canadian Seniors

Canadians Spend Billions To Take Care Of Aging Parents: Study

CP | The Canadian Press | Posted 05.08.2017 | Canada Business

And the direct costs pale in comparison to lost income and foregone vacation time.

Is It Our Fault That We Are Not Saving Enough For Retirement?

Douglas Hoyes | Posted 02.25.2017 | Canada Business
Douglas Hoyes

While it is a worthy goal to maximize your savings prior to retirement, it is even more important that you retire debt free. If you retire and are still making payments on car loans, mortgages, or high interest rate debts like credit cards and payday loans you require a much higher income in retirement to survive.

Canada's Seniors Population To Soar By 2063

CBC | Posted 11.18.2014 | Canada

Canada faces a big demographic shift over the next 50 years, with a growing number of seniors and a movement of people to Western Canada, says a repo...

Canadian Seniors Deserve Better Than the Federal Budget Offers

Irene Mathyssen, MP | Posted 04.14.2014 | Canada Politics
Irene Mathyssen, MP

The conservative approach to seniors over the past few budgets has focused on tax breaks that only the wealthy can afford and raising the age of eligibility for OAS and GIS to 67. Canadian seniors deserve better.

We Must Improve the Canada Pension Plan

Ken Georgetti | Posted 02.16.2013 | Canada Business
Ken Georgetti

Given 25 years of stagnant wages for middle-income earners and real wage decreases for lower-income earners, it's not surprising how difficult it is for people to save. Canadians have a low, and declining rate of saving, with some people using their Registered Retirement Savings Plans (RRSPs) as unemployment insurance programs.

Santa, Don't Forget About Struggling Seniors

Arlene Adamson | Posted 02.05.2013 | Canada Living
Arlene Adamson

Santa is a senior. My guess is he never had a defined benefit pension and needs the extra cash. He knows that although Canada has made great strides in eliminating seniors' poverty, too many of our older adults still live a low-income lifestyle, especially in major urban centres where costs of living are high. This Christmas season, I urge you to remember and reach out to the elders in your life.