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Estate Planning Council of CANADA

The Cost Of Aging

  • August 19, 2026
  • 1:00 PM - 2:00 PM
  • Live Online Event

The cost of caregiving includes both the expenses borne by care recipients and the physical, emotional and financial impact on caregivers.  Care recipients face cost for healthcare services, medications, home care and LTC which are only partially publicly funded. 


Caregivers often provide unpaid support, leading to lost income, reduced work hours and increased stress or burnout.  Out of pocket expenses, such as transportation, home modifications, and supplies further burden both groups.  

These costs vary across provinces due to differences in healthcare coverage, availability of home care and LTC systems.  Provinces with fewer services or older populations tend to place greater reliance on informal aka family caregiving.  The impact creates an impact on broader society. 


Neela White  FCSI®, CIM®, CIWM®, CPCA®, EPC, CEA®

Certified Professional Consultant on Aging (CPCA), Elder Planning Counselor (EPC), Certified Dementia Care Provider (CDCP) and a Senior Portfolio Manager at Blue Wing Advisory Group, a division of Raymond James. I have more than 25 years of experience helping clients manage their wealth and hold the Certified International Wealth Manager (CIWM) and Chartered Investment Manager (CIM) designations. My focus and passion on aging has been guided by my personal experiences following a series of family emergencies including the prolonged death of my father and a catastrophic accident that has left my mother in a wheelchair needing around the clock in-home care. I began my work in the field of Gerontology in 1993 after graduating from the University of Western Ontario and McMaster University with degrees in Psychology and Gerontology, and having a career in long term care. More recently, I have completed the Certified Patient Navigator program from York University, and the death doula training provided by Home Hospice Association. During the pandemic I completed a certificate program in Thanatology to get a better on what holds us back in planning for aging and end of life.

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