Explore stories from Atlantic Canada.
According to a report titled “What Golden Years?” – released in November 2023 by Susan Walsh, Seniors’ Advocate for Newfoundland and Labrador – 32 per cent of seniors across the province do not have enough income to meet their financial needs and struggle to afford food, rent, and medications.
Although the NL Seniors’ benefit increased another five per cent in 2023, the increases only equal approximately $200 per year for seniors receiving the maximum benefit.Elizabeth Siegel is the director of information and referral services at SeniorsNL, a non-profit organization dedicated to promoting the independence and well-being of seniors through the provision of information and various programs and services.
Grocery costs are rising considerably. One Newfoundland couple says they find the cost of fruit, like apples and oranges, shocking. - Unsplash "We are definitely hearing from people needing emergency food, not being able to pay for rent, not being able to pay for medication, that sort of thing.”“We used to leave here and go to town and get a hotel for around $100 a night, a nice hotel, just to go in for a couple of nights and be close to the family and stuff,” Peggy said.
“You save for retirement, you buy RSPs and all this, and then you take them out when you retire, and you have to pay a lot of tax on them,” she said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices drop 7.1 cents in Newfoundland and Labrador Thursday, May 9Explore stories from Atlantic Canada.
Read more »
Newfoundland and Labrador Soccer Association appoints new executive directorExplore stories from Atlantic Canada.
Read more »
‘Donations have dried up’: Food banks in Newfoundland and Labrador feeling the effects of inflationExplore stories from Atlantic Canada.
Read more »
‘Donations have dried up’: Food banks in Newfoundland and Labrador feeling the effects of inflationExplore stories from Atlantic Canada.
Read more »
Cheers and Jeers for Newfoundland and Labrador May 6Explore stories from Atlantic Canada.
Read more »
Newfoundland and Labrador latest province to tighten rules on AirbnbsNewfoundland and Labrador is the latest jurisdiction to bring in stricter rules for short-term rentals, with a coming set of regulations that will force operators to register with the provincial government.
Read more »