Canada needs a national standard for seniors’ care
The current seniors’ generation will pass on an estimated $1-trillion to the next generation through inheritance. Without tax changes, that transfer will simply exacerbate existing wealth inequality. A more progressive income and wealth tax is needed.
I was recently commissioned by the Pearson Centre to write a paper on seniors’ care. The reasons are well-known. Chronic government underfunding, regulatory negligence, and, in some instances, private profiteering, came home to roost this year in the national catastrophe of the pandemic. Ther...
