The vast majority of seniors live at home. Most seniors own their homes. Most senior homeowners are mortgage-free. Eighty to eighty-five percent of care provided to the elderly is provided by family. Older people have nothing to contribute to society.
Older people contribute a great deal to their families, communities, society and the economy.
The vast majority of Canadian seniors are retired. However, many stay active in their communities by participating in formal volunteer activities. Seniors play an important role in keeping health costs down by providing care to spouses and neighbours. Seniors are also the largest per capita donors to charity in the Canadian population. Financial gifts to family also account for a relatively large share of their spending.