Letters, May 5: Alberta indexing enriches the wealthy

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Letters, May 5: Alberta indexing enriches the wealthy
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Alberta indexing for inflation increased by 2.3 per cent for 2022, from $131,220 to $134,238. Indexing increased by a whopping six per cent for 2023 from…

Upper-middle-class with an extra $11,000 to $22,000 can afford to buy luxury items without adverse effects since Alberta has no sales tax, plus add to TFSAs.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Albertans over age 65 are the fastest-growing population segment in the province. More than 15 per cent, or more than 725,000 Albertans, are already over age 65. By 2040, that number is expected to be more than 1.1 million. By the mid-2040s, one in five Albertans will be over age 65. Alberta’s next government must commit to: Bringing back an effective, independent seniors advocate and developing and implementing a provincial seniors strategy; investing in health care, from primary care to home care to long-term care; addressing surgical wait times within the public health-care system and ensuring Alberta’s long-term care standards are implemented and enforced; and, ensuring the long-term sustainability of Albertans’ pensions by remaining with the Canada Pension Plan.

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