At Visavie, we believe that every senior deserves to live their retirement with dignity. To ease the financial stress on seniors and promote their well-being, several government subsidies are available. Discover the main financial assistance programs that can improve your daily life, whether you live at home or in a senior residence.
The main objectives of government subsidies
The grants, offered by the federal and provincial governments, are designed to help seniors:
- Access home care or residential care.
- Manage housing costs.
- Maintain independence.
- Enjoy enriching activities.
These programs are designed to enable you to live peacefully while focusing on your health and personal projects.
Government subsidies for seniors in Quebec: 7 essential forms of assistance
Here is an overview of the main subsidies available to seniors in Quebec.
Tax credit for home support for seniors
Intended for seniors aged 70 and over, this tax credit supports home care services (housekeeping, personal care, etc.). This program also applies to seniors living in private residences.
Tax credit for expenses related to independence
This loan allows you to adapt your home with equipment such as walkers or medical beds, or to cover rehabilitation costs after hospitalization.
Tax credit for support for seniors
Available to individuals aged 70 and over, this credit is calculated based on family income and can be as high as $4,000 for a couple or $2,000 for a single person.
Housing allowance
This assistance is intended for seniors aged 50 and over with modest incomes. Depending on your situation, you can receive between $100 and $170 per month to help cover your rent.
Subsidy for municipal tax increases
If you have owned your home for 15 years and have a household income of less than $58,200, this grant can help ease the impact of municipal tax increases.
Tax credit for seniors' activities
This credit allows you to recover part of the costs associated with registering for cultural, recreational, or sports activities, promoting physical activity and combating social isolation.
Tax assistance service
A free service for seniors with modest incomes helps you file your tax return and maximize your credits and subsidies.
Financial assistance in Canada: 3 federal programs you should know about
Canadian Caregiver Credit
The Canada Caregiver Credit (CCC) is a non-refundable tax credit offered by the federal government. Its purpose is to recognize that people who care for a disabled family member have a different ability to pay taxes than other taxpayers with similar incomes.
Canada Pension Plan (CPP) retirement pension
This pension provides a basic income to seniors who have contributed to the CPP. It can start at age 60, with a reduction, or at age 65, with full benefits.
Old Age Security (OAS) pension
Intended for all Canadian citizens aged 65 and over, the OAS provides basic financial support, supplemented by a Guaranteed Income Supplement (GIS) for those with the lowest incomes.
New Horizons for Seniors Program
This program supports initiatives that promote volunteerism, social inclusion, and intergenerational relations, while stimulating positive projects for seniors.
Additional resources for seniors and their loved ones
In addition to subsidies and tax credits, support services are available for family caregivers, including federal and provincial measures to assist them.
If you or a loved one are not yet ready to move into a retirement home, our sister company, Amika, offers home care services. These personalized services allow seniors to remain in their own homes while receiving the assistance they need to maintain their independence and quality of life.
At Visavie, we are here for you 7 days a week!
We assist seniors and their families in finding the ideal private residence, whether for urgent relocation, temporary accommodation, or a new living environment. We guide you through every step of the process to help you make the best choice, at no cost for the services you receive from us.