Federal government information on managing your finances
The following resources from the Government of Canada and Financial Consumer Agency of Canada are designed to help older people manage their money with confidence. Financial Literacy Programs Your Financial Toolkit: Module 10: Retirement and pensions Your Financial Toolkit: Module 11: Financial planning Workshop on understanding your credit report and score – Canada.ca Tools Retirement […]
International Money Transfers: 5 things to know
The terrible situation in Ukraine right now has many Canadians wondering how to best send money to loved ones overseas. There are a few things you should know when sending funds to ensure your money gets to the right person at the right time. According to Statistics Canada, international money transfers have increased steadily since […]
Senior Financial Wellness Day (ON)
March 24, 20224:00 – 5:30 PM ET Hosted by: Heritage Skills Development Centre Join this informative session to learn about tax considerations for older Ontarians. A guest speaker from Open Policy Ontario, Mr. John Stapleton, will discuss and share insight about the topic focusing on what information seniors need to know before filing their tax return. […]
Banks now required to send electronic alerts to customers
Starting June 30th, your bank will be sending you alerts via email, text or mobile app to notify you of important activity in your accounts. These alerts are part of the new and enhanced protections in Canada’s Financial Consumer Protection Framework, and are designed to better protect consumers’ finances and empower people to manage their money […]
New resources to help you manage your money
In a recent bulletin, the Financial Consumer Agency of Canada (FCAC) shared a series of new educational resources designed to empower people to take control of their finances. There’s something for everyone here, and we hope you learn something new (especially as income tax season draws closer by the day)! Tax filing course Check out […]
CanAge presents to federal committee in support of seniors who lost GIS
On Feb 28th, we presented to the federal government’s Standing Senate Committee on Social Affairs, Science and Technology on the need to better protect low income seniors from GIS clawbacks, like those caused by CERB during the pandemic. CanAge has been working directly with the federal Minister of Seniors to correct major inequities that caused […]
CanAge joins new podcast helping older people avoid investment fraud
MoneySmart Manitoba has launched a new podcast exploring issues around financial fraud and how people can protect themselves from falling victim to increasingly sophisticated scams. Older people are often targeted by fraudsters, so we’ve joined the expert panel contributing to this important 7-part podcast. Listen in to empower yourself with knowledge you need to protect […]
Why Are the Liberals Opposed to Protecting Seniors’ Pensions?
CanAge recently co-authored the following Op-Ed, asking some hard questions of the federal government around its unwillingness to protect pensioners. This is an issue we’ve been actively working on for some time, and is a key recommendation in our policy book. With all that is going on in the streets of Ottawa, it’s no surprise […]
CanAge calls on Finance Minister to make complaints process against banks fair for seniors
CanAge co-wrote an open letter to federal Minister of Finance Chrystia Freeland calling on her to establish a designated, single ombuds organization to handle consumer complaints. We’ve been advocating on this issue for some time, as current practices put customers (and especially seniors) at a major disadvantage when resolving disputes with banks. Older Canadians must […]
Seniors Forgotten in the British Columbia Budget 2022 – leading national seniors’ advocate
Victoria, BC, February 22, 2022—CanAge, Canada’s National Seniors’ Advocacy Organization finds that seniors have been ignored in the province’s 2022 Budget – a move that seems nearly incomprehensible given the events of the past two years. “This is a very disappointing budget for British Columbian seniors, who appear to have been forgotten by this government” […]