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Homemaking
To help maintain a safe and comfortable home, homemaking services can assist you with routine household activities including:
Your health and happiness is our top priority, which is why Your companion care will be compassionately designated to provide You with a comfortable and inspiring environment while You stay in Your own home .
For many people companionship, can spark they motivation to participate in everyday activities.
It’s our mission to let You lead Your life normally while having the confidence that You can still do and accomplish everything You want to with and experience senior companion every step of the way
CPP is expected to increase by 6.5% based on the indexation rate as of January 2023. Indexation refers to certain adjustments to cover inflation and heightened costs of living.
OAS payments are adjusted four times a year, at every quarter, to match inflation rates. That is, in January, April, July, and December. To calculate these adjustments, the government relies on the Consumer Price Index (CPI).
From November 2022 to now, the CPI has risen almost 7%, and the OAS payments are expected to toe this line. However, the exact amount of the increase for OAS will not be finalized until July.
The first thing to note about GIS increments is that it is reliant on the Consumer Price Index (CPI). Generally, monthly payments do not go down when the cost of living goes down, but they go up when the indices do.
Presently, we only have figures from April, to June 2023 to work with. A single, widowed, or divorced person will get a maximum of $1,032.10 per month. To be eligible, you must earn less than $20,952 per year. The GIS payment only went up a bit since the previous quarter. Unfortunately, this indicates Canadian seniors can’t expect a significant increase in their GIS payment for 2023.
Back to the big question: will seniors get a raise in 2023 in Canada? Here’s what we know. CPP is expected to make an estimated 6.5% increase in payments, based on available figures. Then, the OAS payments are expected to slightly increase in the coming quarter, given that the inflation rate has so far jumped by 0.7%. Finally, GIS beneficiaries will likely earn around the same figures in 2023, as official data does not suggest any increments at the moment.