Category Archives: Cost of Living

OAS Benefit – Are pensioners better off with indexation or tax reduction?

The most recent quarterly revision of OAS and GIS benefits means that pensioners will receive an increase of 0.3 percent per month this quarter. According to the HRSDC publication Just the Facts – Pensions, Benefits and Seniors: Old Age Security benefits, … Continue reading

Posted in Baby boomers, Basket of goods, Consumer Price Index, Cost of Living, CPP, GIS, Golden wave, Guaranteed Income Supplement, Indexing pensions, Old Age Security, Pension Indexation, Pension Reform, Pensioners, Seniors demographic, Statistics Canada, Tax allowances | Tagged , , , , , , , , , | 12 Comments

Sustainable Affordable Housing For Pensioners

While the seniors population is increasing steadily the supply of affordable seniors housing remains virtually unchanged. For many seniors on fixed

Posted in Baby boomers, Cost of Living, Elders, Finance Minister Jim Flaherty, Golden wave, Pension Reform, Pensioners, Seniors demographic, Seniors fixed income, Seniors rent-geared-to-income, Seniors social housing | Tagged , , , , , , , | 3 Comments

Enjoying Golden Years … is it a Myth?

Seniors across Canada are facing many challenges in their ‘golden years’ mainly related to their inadequate pension incomes. These challenges are slowly gaining momentum not only due to the economic crisis but also because of the rapidly growing seniors population. … Continue reading

Posted in Baby boomers, Canada Pension Plan, Cost of Living, Elder Care, Golden Years, Guaranteed Income Supplement, Health Care, Indexing pensions, Inflation, Long Term Care, Old Age Security, Pension Reform, Pensioners, Seniors demographic, Seniors fixed income | Tagged , , , , , , , , , , , | 6 Comments