Inflation puts added strain on families supporting aging loved ones

For families caring for loved ones in long-term care facilities or at home, financial pressures can be a major source of stress that is now exacerbated by the rising cost of living.

But experts say that financial strain is just the tip of the iceberg when it comes to the projected costs of long-term care for families and taxpayers in the years to come.

Experts say easier access to support programs, financial assistance and tax incentives would be a good start to help families.

Bonnie-Jeanne MacDonald, at the National Institute on Ageing, said Canada also needs more resources and financial support for families, to allow more seniors to age at home, rather than in costly nursing homes.

"It can be much more affordable to help people age at home where they prefer to be and where they're happier and they have better health outcomes," she said.

READ MORE HERE