Your Finance By Carol Craig, LL.B. What’s the difference For the first time ever, seniors now outnumber children in Canada. Accordingly, more and more people are living in collective dwellings, either long-term care homes or retirement residences. However, many people are unaware about the differences between these facilities. One key...
The primary concern for most Canadians in retirement is making sure their money is going to last. Retirees today are already facing big challenges. With interest rates at historic lows, GIC’s and other guaranteed investments are producing negative returns when inflation is factored in. This is one of several risks that would have been...
