Canadian seniors can save on their taxes
Whether you’re a homeowner, are saving for your first home, or just bought your first home, there are tax incentives you should know about. These incentives could help you reduce housing costs and maximize your savings. The Canada Revenue Agency (CRA) is here to make sure you have the information you need to take advantage […]
Canadian seniors tossing retirement playbook
This year, older Canadians will throw out the traditional retirement playbook and embrace new financial, technological and familial norms to live more independent and enriching lives. Insights like this from HomeEquity Bank and Ipsos reveal five key predictions for Canadians aged 55+ that will have ripple effects across Gen X, Millennials, Gen Z and even […]
Inflation Outlook for Canadian Seniors in 2025
As Canadian seniors look to 2025, inflation remains a significant concern. Rising prices for goods and services can stretch fixed incomes, making it challenging for retirees to maintain their standard of living. Understanding the potential impacts of inflation and planning for its effects are essential for seniors navigating the financial landscape. Current Trends in Inflation […]
How Canadian seniors get scammed at the bank
As online fraud and scams targeting older adults reach alarming levels, Techie Nesters, a trusted advocate for older adults, is calling on Canada’s banks to take more active steps to stop fraud before it’s too late. Despite free fraud support calls and educational sessions at community hubs like Collingwood’s Leisure Time Club, fraudsters continue to exploit seniors, often using tactics that lead them directly to […]
How Canadian Seniors Can Save More Money
Retirement marks the beginning of a new phase of life, often accompanied by a reduced income. For Canadian seniors, finding ways to save money without compromising quality of life is essential. Here are some practical strategies to make the most of your retirement finances. 1. Review and Optimize Your Budget Start by assessing your current […]
Are you a reckless spender?
Level Ten Books Inc., announced the North American release of an important new book to assist people facing economic uncertainty and financial hardship. The Art and Science of Spending Less: Behavioral Observations on the Reckless Use of Everyday Money is authored by Dr. Matt Drucker, a behavioral psychologist and specialist in financial stress counselling. Spending Less is based on […]
How Canadian seniors can earn extra money
As the cost of living continues to rise, many Canadian seniors are exploring ways to supplement their income during retirement. One increasingly popular option is becoming a food app delivery driver. Apps like Uber Eats, DoorDash, and SkipTheDishes allow individuals to earn money delivering meals to customers. While this opportunity can be appealing, it’s important […]
Charity drive launched to help Canadian seniors
It’s no secret that many Canadians are feeling increasingly squeezed by factors beyond their control. Impossible choices spotlights the tough decisions struggling individuals and families face every day. In fact, one in three food bank users this Christmas will be children. Many more will be seniors hurt by inflation. This underpins The Salvation Army’s critical […]
Can Canada afford expanding seniors benefits?
Canada’s budget watchdog says the federal government may not meet its fiscal anchors if it acquiesces to the Bloc Québécois’ demand to expand seniors benefits in exchange for keeping the minority Liberals in power. Bloc leader Yves-François Blanchet confirmed his party would vote against a Conservative non-confidence motion, giving the Liberals enough support to avoid […]
Canadian seniors looking at downsizing their homes as costs rise
Downsizing is an important consideration for Canadian seniors as they enter retirement or experience lifestyle changes. Moving to a smaller, more manageable home can provide numerous benefits, from financial savings to improved quality of life. While many seniors may feel attached to their family home, downsizing can offer significant advantages that make it an appealing […]
