April 29, 2019, Ottawa
Seniors make significant and valuable contributions to their families, communities and workplaces. Through the New Horizons for Seniors Program (NHSP), the Government of Canada continues to meet the needs of seniors by supporting initiatives that encourage them to stay active and involved in their communities.
Today, the Honourable David McGuinty, Member of Parliament for Ottawa South, announced an investment of $5,000 provided to the Ottawa Branch of the National Association of Federal Retirees (Federal Retirees) for a project that will help their members improve their financial literacy. With this support, Federal Retirees will organize workshops, seminars and town halls to educate members on the risks associated with financial abuse, and provide tools and resources to help them make informed financial decisions. Support for this project is provided by the New Horizons for Seniors Program, whose goal is to foster social inclusion and engagement of seniors in all aspects of society.
Financial abuse is one of the most common forms of elder abuse in Canada and can be difficult to recognize. The Government of Canada takes fraud against seniors very seriously and is working hard to ensure that appropriate measures are in place to protect seniors and ensure they know the risks. For example:
“Through the New Horizons for Seniors Program, we work with partners to increase seniors’ financial literacy and help prevent fraud. By supporting projects that help Canadian seniors make better, informed financial decisions, the Government of Canada provides seniors with greater security and a better quality of life now and into the future.”
– The Honourable David McGuinty, Member of Parliament, Ottawa South
“The Ottawa Branch of Federal Retirees is very excited to be receiving its first-ever grant under the New Horizons for Seniors Program,” said President of the Ottawa Branch, Robert Giroux.” Building on the success of our pilot financial literacy initiatives, we plan to expand our program and reach even more members to help them improve their financial decision-making and reduce the very real risk of seniors’ financial abuse.”
Backgrounder: New Horizons for Seniors Program
Backgrounder: Providing seniors in Canada with greater security and a better quality of life
New Horizons for Seniors Program – Engaging Seniors, Strengthening Communities
Funding: New Horizons for Seniors Program – Community-based projects
Financial abuse of seniors: It’s time to face the reality
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