Kamloops funeral home applauds death benefit changes
KAMLOOPS — A Kamloops funeral home is applauding the federal government’s decision to set the death benefit at a flat $2,500.
The change to the Canada Pension Plan announced earlier this week means all Canadians will now receive the same amount regardless of how long or how much someone has paid into CPP.
The Funeral Services Association was lobbying to raise the value to $3,580, saying the flat payout isn’t enough to cover a funeral, which costs an average $6,000.
However Drake Smith, with Drake Cremation & Funeral Services says the amount is more than enough as most British Columbians are opting for cremation anyways.