Tag: Disability

Most nearing retirement will need to make ‘significant’ lifestyle cuts: report | Global News

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A wave of Canadians gearing up for retirement will be forced to make “significant” cuts to live comfortably for the rest of their lives, an analysis from Deloitte Canada shows. The report released Wednesday looked at the finances of 4,000 Canadians between 55 and 64 years old to gauge their “retirement readiness.” Rad full story here: Most nearing retirement will need to make ‘significant’ lifestyle cuts: report | Global News

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Ottawa Short-Changed More Than 270,000 Veterans On Pensions, Disability Payments | CBC News

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More than 270,000 ex-soldiers were short-changed by Veterans Affairs Canada for over eight years because of an accounting error worth at least $165 million, CBC News has learned. The mistake was uncovered by the veterans ombudsman’s office, which has worked with the federal department for over a year to get it to confirm the mistake and make amends. A written statement from Veterans Affairs Minister Seamus O’Regan confirmed a retroactive compensation program is in the works — but the affected veterans will have to wait up to two years to get their money. Read full…

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