Nova Scotia Rent Increase
A rent increase in Nova Scotia has CARP concerned about vulnerable seniors.
The increase, in the context of financial stress, is no small issue. A report from a Canadian consulting firm in December of 2023 found that only 14% of near retirees can expect comfortable golden years with an ability to absorb financial stress. This study looked at the financial realities of 4,000 Canadians between ages 55 and 64 to gauge their “retirement readiness.”
Who are these 14%? Th
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