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Financial

Federal tax programs and benefits, rebates or grants to help older adults stay in their homes longer, medical cost assistance, pensions, and more.

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Provides financial support to older adults living at home with ongoing care needs to pay for their unpaid caregiver. A primary caregiver could be a family member, friend, or neighbor. To enroll, both the care recipient and the primary caregiver must be eligible.

Once enrolled, the care recipients will receive between $250 to $1500 per month, depending on their household income. Once enrolled, no need reapply each year.

Note: Applicant is the care recipient. If the care recipient is unable to participate in the financial assessment due to illness, age, or another reason, an agent such as a family member or an attorney can act on their behalf.

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Allows eligible individuals who continue to work while receiving a CPP retirement pension to participate in the CPP. CPP contributions will go toward post-retirement benefits, and can increase retirement income.
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Monthly CPP benefit for retirement pension beneficiaries found to be disabled but not eligible for a disability pension due to being CPP retirement pension beneficiaries for more than 15 months.

Applicants who have made sufficient contributions may be eligible for this benefit in addition to their retirement pension until they are 65 years.
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The Canada Pension Plan (CPP) retirement pension is a monthly, taxable benefit that replaces part of an individual's income when they retire.
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Covers expenses for specified dental services for income eligible residents. Includes:
  • Annual exam
  • Emergency dental examination
  • Virtual care
  • Radiographs
  • Polishing
  • Scaling
  • Pit and fissure sealant
  • Fluoride treatment
  • Protective mouth guard
  • TMJ appliance
  • Repair of appliance
  • Dental fillings
  • Root canal treatment
  • Extraction
  • Contouring of oral tissues (alveoloplasty) with or without dental extraction)
  • New dentures
  • Denture repairs
  • Emergency treatment of dental pain, minor procedure
  • Referral to hospital for dental care
  • Nitrous oxide sedation (in the dental office)
  • In-clinic laboratory procedures
Services are provided at:
  • Four Neighborhood Clinic
  • Sherwood Business Centre
  • Public Health Clinic
  • For private dental offices on PEI see the list
Notes: Application deadline is June 30 each year. Existing recipients must reapply by the deadline to keep the current coverage.
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Provides financial assistance to seniors to help with eligible home repairs such as:
  • Roof repairs
  • Windows and doors
  • Furnace
  • Plumbing
  • Electrical
  • Heating
  • Structural or life safety repairs
Maximum grants are based on combined annual income:
  • $35,000 or less: $4,000
  • $35,001-$38,000: $3,600
  • $38,001-$41,000: $3,200
  • $41,001-$44,000: $2,800
  • $44,0001-$47,000: $2,400
  • $47,001-$50,000: $2,000
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Provides eligible seniors with funds to improve their home's accessibility.

Eligible work includes:
  • Accessibility improvements
  • Stair lifts
  • Grab bars
  • Ramps
  • Walk in shower
  • Hise rise toilet
Maximum grants are based on combined annual income:
  • $35,000 or less: $10,000
  • $35,001-$38,000: $8,400
  • $38,001-$41,000: $6,800
  • $41,001-$44,000: $5,200
  • $44,0001-$47,000: $3,600
  • $47,001-$50,000: $2,000
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Provides eligible seniors with partial cost coverage for approved medications.

Note: Participants pay $8.25 plus $7.69 of the pharmacy professional fee for each prescription out of pocket and remaining costs are covered by the program.
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Provides a monthly benefit to low-income widowed spouses who are not yet eligible for the Old Age Security (OAS) pension.
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A benefit available to low-income individuals aged 60-64 years who are the spouse or common-law partner of a Guaranteed Income Supplement recipient.
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