Your Finances
Alice Wong’s Letter to CARP Members about New Government Services for Seniors Web Tool
Dear CARP members, One of the things I have heard often in my many discussions with Canadians from all over the country is their difficulty, and even confusion, understanding and accessing the information they need about government programs and services. The truth is, it is complex; with different levels of government responsible for different programs, not to mention the important … Read more
The New and Improved website from the Minister of State for Seniors – website now Live!
In January and February, Minister of State for Seniors Alice Wong conducted consultations to get feedback on the Federal “Information for Seniors”. She and her staff discovered that one of the most frequently raised issues is that people are having difficulty getting relevant seniors-related information from different levels of government. The information is complex trying to navigate the course results … Read more
CARP Analysis of Ontario Budget 2013
May 3rd, 2013: The Ontario government released the 2013 provincial budget yesterday and CARP staff was at the frontlines to see how it addresses the concerns of older Ontarians. CARP members will welcome Ontario’s recommitment to working with Provinces and the Federal Government to enact a modest enhancement of the CPP, new investment in home care, and a reduction in … Read more
The Middle-Aged Guide to Growing Up: Working Stiff
Editor’s Note: You might be familiar with this contributor’s work if you were a fan of the Caregiver’s Diary columns… Over the course of a few years, the writer described his experiences caring for his mother, father, father-in-law and mother-in-law during their final days. Since the recent passing of his father, he now cares for himself. We wish to welcome … Read more
Rules governing Assisted Suicide as they Stand
Gloria Taylor lived in British Columbia and suffered from Lou Gehrig’s disease. She wanted the right to end her life on her own terms. That was going to be difficult. She did not want to end her own life while it had quality. The disease was going to rob her of that quality of life. She would be locked in … Read more
Can regulators stave off ‘massive increase in senior misery?’
Elderly seen as easy target for unscrupulous advisers, fraudsters; Finra zeroing in on complex products With thousands of baby boomers entering retirement every day, industry experts are warning about a substantial increase in investment frauds targeting the elderly. Meanwhile, one regulator is taking a hard look at the way financial advisory firms sell seniors complex financial products. This article was … Read more
Consumers Group Calls for Increased Accountability from Financial Planners
This press release and report was issued by the Public Interest Advocacy Centre (PIAC) – for more information please visit their website by clicking: www.piac.ca OTTAWA – Canadian consumers need increased protection when dealing with the financial planning industry, according to a report released today by the Public Interest Advocacy Centre (PIAC) entitled, “Purse Strings Attached: Towards a Financial Planning … Read more
CARP Vision/Budget Poll Report
KEY FINDINGS While members expect the government’s budget to promote a vision of a fiscally responsible Canada, they are eager to see this but also a vision for a sustainable Canada and one that cares for the vulnerable. Most see a change in government as the way to achieve this vision, along with those who envision a citizens’ movement. On … Read more
Breaking News: Nova Scotia’s Provincial Budget
Nova Scotians are calling it the “Election budget” Its budget time across the country and this week’s Nova Scotia budget has left CARP members with mixed feelings and calling it the “election budget”. On April 4 2013, CARP’s Halifax Chapter Chair Bill VanGorder attended the budget lockup to be CARP’s eyes and ears on how the 2013-2014 budget will impact … Read more
CARP Submission to the Canadian Securities Administrators
In February 2013 – CARP Submitted a response to the Canadian Securities Administrators (CSA)’s consultation paper The Standard of Conduct for Advisers and Dealers: Exploring the Appropriateness of Introducing a Statutory Best Interest Duty When Advice is Provided to Retail Clients, in which they explore the benefits and concerns of introducing a statutory fiduciary, or ‘best interest’, standard for financial … Read more
