#Canadian #Budget for 2025

Seniors and retirees are squished into fixed income #budgets squashed by inflation in all spheres, ranging from groceries to shoes to haircare: do you go on a perennial

AI-generated image of senior in refurbished boots

(this is a home-based hair cut)

diet ~ chowing down on that monogamous potato that will be your best friend, frequent the shoe repairman who will be on first name terms with you, or simply grow your hair … being mindful that shampoos, conditioners, and Morocco oil are not inexpensive … you may run out of pencils while crafting your budget. And then you think, oh! Those craft brew guys have it tough too.

So, does your investment income beat inflation? If it does, have you factored in #Canadian personal income #tax? Do reach out, I can ensure that all credits that are forthcoming are accounted for in a CRA-friendly fashion.

We have not touched on fraudulent swindles that target seniors. We have not seen the tip of the floating iceberg in Antarctica of harassment in all its shapes, sizes, colors, and manners that affect seniors duly termed #ageism.