Canadian seniors need more financial flexibilities

The Securities and Investment Management Association (SIMA) welcomes the recent public-policy discussion about retirement savings strategies that would provide seniors with more financial flexibility as they age. More Canadians are working into their later 60s and 70s, highlighting the need to modernize policies. At the same time, updating retirement savings rules is essential to help […]
Rental subsidy rasied for B.C. seniors

The British Columbia government has recently announced significant increases to its rental subsidy programs aimed at assisting seniors and low-income families. This initiative is designed to alleviate the financial burden of housing costs for these vulnerable populations amid rising living expenses. Under the updated Rental Assistance Program, the average monthly supplement for eligible low-income families […]
Programs aid social inclusion of Canadian seniors

Canadians deserve to age with dignity. For many seniors, staying connected and active in their community is a big part of that dignity. Through the New Horizons for Seniors Program (NHSP), the federal government funds pan-Canadian and community-based initiatives across Canada that create a significant impact for the social inclusion of seniors in their communities. Steven MacKinnon, Canada’s Minister […]
More seniors added to Canada dental plan

Investing in Canadians’ health is key to building a stronger Canada. In its first year, the Canadian Dental Care Plan (CDCP) has significantly improved access to affordable dental care. More than 3.4 million Canadians were approved to be part of the plan, while 1.7 million have already received care. The Honourable Kamal Khera, Minister of Health, […]
Issues for Seniors to Eye in the Canadian Election

As the 2025 Canadian federal election approaches, seniors should carefully evaluate the platforms of political parties to determine which one best represents their needs and concerns. Older Canadians make up a significant portion of the electorate, and policies affecting their financial security, healthcare, housing, and overall quality of life should be top priorities. Here are […]
Canadian seniors warned about glucose checks

Some people who use continuous glucose monitors have reported not receiving or hearing safety alerts from their smart devices, such as their smartphone or their smartwatch, according to a warning from Health Canada. If you miss a safety alert, you may fail to treat your low blood sugar (hypoglycemia) or high blood sugar (hyperglycemia), which […]
App helps Canadian seniors find good prices

Skyscanner’s app will now highlight prices that drop by 20% each day (compared to the last seven days). With Skyscanner relentlessly on the hunt for DROPS across the globe, Canadian travellers can feel confident they’ll never miss a deal again. Scouring more than 80 billion prices every day, Skyscanner’s new app-exclusive feature, DROPS, helps travellers find […]
Canadian seniors paying too much at airports

Canadian air travel is plagued by higher ticket prices, poorer service, and limited consumer choice due to ineffective and outdated federal policies, finds a new study published by the Fraser Institute, an independent, non-partisan public policy think-tank. “As Canadian travellers know all too well, airfares in Canada are higher than in other countries, but by aligning federal […]
Deal reached to monitor Canadian seniors’ health

Magicare has integrated its advanced sleep monitoring system with PointClickCare, a platform used by over 2,600 nursing homes across North America. This integration offers real-time monitoring of vital signs, in-bed and out-of-bed status, and automated alerts to nursing teams, improving senior care by enabling quicker emergency responses and reducing caregiver strain. Magicare is expanding across Canada to meet the growing […]
Canadian seniors feeling ‘fraud fatigue’

A majority of Canadians are feeling ‘fraud fatigue’ and increasingly vulnerable as fraud becomes more personalized. According to RBC’s annual Fraud Prevention Month Poll, almost all respondents (98%) have seen more targeted and sophisticated scams, with nearly nine out of 10 (89%) noting a rise in scam attempts more than ever before (up from 77% in 2023). In addition, the […]