Seniors Hit Hard by Rising Costs, Food Insecurity

0:00A new study from the Calgary Food Bank drops some tough truth. Rising costs are hitting seniors hard, driving food insecurity and more of them to seek help. 64% of older Calgarians showing up, there are first-time users and in the 2024-2025 fiscal year seniors. We're three times more likely to need it than the general population. Limited savings and weak retirement income are the big culprits on top of everyday prices exploding for housing, fuel, and groceries. These are folks who played by the rules. Work steady jobs, paid off mortgages, raised families, but nobody saw inflation this while coming in there. Gold in years. Food Bank CEO Melissa From puts his straight, they're getting squeezed by cost nobody planned for. Digging deeper, one in six older adults live with health issues or disabilities and 48% retired because of them. 61% of retirees carry debt while 80% of those still working say they can't afford to quit and 85% have zero savings.

1:03The study pulls from 736 surveys and 30 interviews with the full report up on their site. It's a wake-up call to support our. Elders before more, slip through the cracks. That wraps Canada News Today, brought to you with AI. I'm Cory with the story.