Wealth Professional – Canada’s unpaid caregivers face mounting financial strain amid widening support gaps

” Canada’s unpaid caregivers are under growing financial and emotional pressure as rising living costs and limited support systems force many to make difficult sacrifices at work and at home. 

A new report from the Canadian Centre for Caregiving Excellence warns the country is nearing a caregiving crisis, with millions of Canadians struggling to balance employment, finances, and the demands of caring for children, aging parents, and loved ones with chronic illnesses or disabilities. 

The findings come as industry observers also raise concerns that many households may be financially unprepared for the economic consequences tied to caregiving responsibilities.