Navigating Retirement in the Community
Community Recognition:
Our President, Don Pollock, was included on the 2024 Mayor’s Honours list in the Category of Age-Friendly. Don received his award at the January 23 City Council meeting from Mayor Josh Morgan.
Deferring Property Taxes for Seniors
Navigating Retirement made a submission to the City of London to introduce a property tax deferral for lower-income seniors. This plan is used in many municipalities across Canada and allows the property taxes to be deferred until the property is eventually sold. Outside of the province of Quebec, London and Winnipeg are the only major Canadian cities that do not have a meaningful property tax deferral program We believe this would be a significant benefit to lower-income seniors in our city that own their home.
Councillor Sam Trosow has championed the concept of property tax deferral and has asked that City Administration study the concept. The implementation of this recommendation will assist seniors who wish to age in place but find the cost of maintaining their principal residence is becoming problematic
