Helping Continuing Care Residents With Inflation

News
By
Government of Alberta

To help with the rising cost of living, the government will provide more financial relief to Albertans in designated supportive living and long-term care from Nov. 1, 2022 to June 30, 2023.

Alberta’s government is giving $11 million to seniors to help fight inflationary increases to accommodation costs for 2022-23.

This funding is in addition to almost $14 million already committed to provide financial relief for residents from July 1 to Oct. 31, 2022.  During this current period, government is fully subsidizing the 5.5 per cent increase. Without this extension of partial relief, residents would be hit with the full increase on Nov. 1.

As of Nov. 1, residents’ accommodation charges will only increase by 3.2 per cent, instead of this year’s rate of 5.5 per cent. Government will pay operators the remaining 2.3 per cent, on behalf of residents, from Nov. 1, 2022 until June 30, 2023.  

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Location Name
Alberta
Source
Government of Alberta News