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Posts Tagged ‘care’

Today’s Baby Boomers to Experience a Different Type of Family Circle in their Elderly Years

Friday, September 24th, 2010

Professor Jacques Legare recently presented a paper at the 2010 Congress of Humanities and Social Sciences regarding the availability of the family circle of the elderly and how it will change drastically over the next 20 years.

Right now, many elderly seniors are being cared for by their offspring. In his paper, Professor Legare makes note of the fact that approximately 70% of all elderly people in need are provided care by their ‘informal network’ - essentially their children or spouse. This is possible because most elderly couples of today have stable relationships and had many children. On the other hand, their children, our baby boomers, have quite a different situation. 

Statistics show that the baby boomer cohort is unlike any other and circumstances such as divorce, common-law relationships, fewer children and mixed families must be taken into consideration.

With fewer children and more unstable relationships to rely on, who will care for our baby boomers when they are elderly?

Professor Legare’s paper suggests that baby boomers will likely have to turn to the public system for care, or may need to pay for the assistance they require. For those unwilling to pay, non-traditional methods may need to be explored and baby boomers could feel the need to turn to friends, siblings and extended family members. As a response, public systems must adapt to accommodate for the needs of this unique demographic group as they age.

Vacancy Rates for Seniors’ Residences in Canada

Sunday, October 25th, 2009

The Canada Mortgage and Housing Corporation conducted a recent survey revealing an average vacancy rate of 9.2% in seniors’ residences across Canada. The survey polled 2464 Canadian seniors’ residences to gather vacancy rates, rental costs, and the types of housing available to older adults throughout the country.

New Building Developments

Bob Dugan, the Canada Mortgage and Housing Corporation’s chief economist says that the anticipation of a spike in the demand for seniors’ housing because of our aging population, has spawned the new construction of many new residences which in turn, has led to a much higher average vacancy rate in the interim.

The 2464 residences surveyed inhabited 176,845 seniors, and of this number, 81% of them lived alone. Most rental prices per month were inclusive of all meals and the average national rental price for a bachelor unit was $1774 per month.  Prices varied from residence to residence given the difference in services and amenities offered at each location from a high in Ontario of $2519 per month, to a low in Quebec of $1271 per month.

Not to much surprise, the survey found that rental rates were significantly higher in Canadian seniors’ residences offering heavy care - as opposed to those housing units with a more independent style of living and less intensive care.

Senior Living for Your Loved One

Are you caring for an elderly loved one?  There are a wide range of options available to accommodate senior living in Canada and the United States.  Learning about your choices is the best first step.

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