Yes.
CARP is firmly on record as supporting that. Many countries offer a caregivers allowance, in the U.K., Australia, and even in Canada.
Nova Scotia has a program—not well publicized—that individuals can get $100 a week for providing care. It's means-tested, and should be, by both the caregiver and the care provider. It does a number of things. It keeps people in the home, especially someone who has a diagnosis of dementia. They're the most likely to do well. It saves us costs in terms of hospitalization or assisted living, and also prevents the individual from having to draw down their savings to live, or at least not to the same extent, which then will help the caregivers themselves not be destitute when they get to their retirement years.