Sld Survey

CHILD AND FAMILY POVERTY IN CANADA El-Sayed 2 measure after tax) which calculates tax from filler data, is Canada’s official poverty line and should be used as a reliable measure for child poverty in Canada. The second article, titled CO2.2 Child Poverty computes the possibility of children living in poverty via two methods. The first is through the child income poverty rate, which examines children from birth up until the age of 17. This method uses the proportion of the children and compares the equvialised post-tax-and-transfer income approximately fifty percent of the annual median. The second method uses rates of poverty in families that have children as well as working and non-working parents. The type of household studied here can be a single adult with minimum one child and two adults with minimum one child. The second method seems to be more beneficial in looking at child poverty as it analyzes and goes into more depth of a household and the types of families involved

Inequality in Canada is not as prominent as many other places around the world, although it does remain in certain segments of Canada. There are many forms of inequality in Canada and internationally, although this papers main focus is going to be the inequality of wealth. According to Steven Kerstetter “Canadians may view their country as a land of opportunity, but it is also a land of deep and abiding inequality in the distribution of personal wealth” (Kerstetter 2002). The “gaps between the rich and poor remain evident in Canadian statistics” (Kerstetter 2002), Canadians have always kept financial security as an essential element of life and have tried to obtain and sustain it within their lives. Frank Cunningham’s article, “What’s

Identification of Potential Consumer Segments The potential consumer target markets fall into two categories; the segments will be referred to as “Suburban Select” and “Young & Active”. “Suburban Select” Segment The Suburban Select segment comprises of Canadian parents between 35 to 49 years of age with university level education or postgraduate degrees;

Furthermore the high income inequality is not the only issue Canadian families are facing, with enormous cutbacks from the government, Canadians are facing a lot more precarious times. The government has been reducing the economic security and access to public and social services has also been undermined many of the

In a recent interview in the Ottawa Citizen, Justin Trudeau spoke on his decision to increase taxation on the wealthy upper class in order to redistribute money to the middle and lower class. This is in response to the issue of stalled median household income where Canada’s GDP has doubled yet household income has only increased by 15% (Kennedy 2015). This hints at income inequality in Canada, as it sheds light at the struggle of middle class families to provide for their families. Parents are having to choose between their retirements or providing education for their child (Kennedy 2015). To Justin Trudeau, this means that “something isn’t working anymore” (Kennedy 2015). Most likely, he senses that the way money is earned and distributed in Canada is highly unbalanced, leading to a income gap between the rich and the poor. Trudeau’s solution to middle class worries is to increases taxation on upper class

Background Information: Although Canada is a rich country there are still people who live in poverty, “In 2011, the government classified about 4.7 million men, women and children –– almost 15 percent of the Canadian population –– as poor” (Macionis, Janson, Benoit, & Burkowicz, 2017) but Canada calculates its poverty rate by “one popular measure known as the LICO, a family has an income below the low income cut-off of it spends more than 63 percent of its after-tax income on the necessities of food, clothing, and shelter, including corrections for different family sizes and the cost of living in particular communities.”

What growing income inequality is costing Canada’s future generations Even though Canada sits in the middle of the scale, while considering inequality, it stays behind countries like Denmark, Norway and Sweden. In wake of the globalization, public austerity programs, middle class incomes are getting lower and fiscal challenges at all government levels are threatening education, pensions, and public health care. It is more difficult how for 20 and 30 years old people to get a better life than their parents had. In Canada, middle class is vanishing and a big gap is between poor and rich. The wealth is in the hands of 1% going after US strand and disparity between C.E.Os. and workers is so evident. In 2012, the ratio was 1:122 while a decade earlier

This income inequality started with Canada’s most recent recession, but as we left this recession income inequality continued to rise.

It has become apparent over time, a new social class known as the working poor has developed and become increasingly common in present-day Canada. These individuals become increasingly common during transitioning production periods, where workers are now forced to adapt to new circumstances and equipment. Amelia Karabegović and Charles Lammam’s article The Canadian Dream is Well Within Reach analyzes such periods and the changes individuals and economies undergo periodically. The two illustrate that “the Canadian dream of climbing the income ladder is not a fantasy” by showcasing the escalating effect of income. After investing in one’s self by completing their education and gaining skills and experience, individuals can experience a rapid boost in income. Seeing as such a boost can occur based solely on one’s actions, Karabegović and Lammam argue that the anti-collectivist ideology is fit for Canada. This approach would lead Canada to become a free-market economy, in which all government intervention is

This survey was introduced to observe the way society lives in today's world, and how they live paycheck to paycheck. The Canadian Payroll Association had a conclusion after this survey that most Canadians are not happy with the way they live. Because of the weak economy, Canadians believe that they are not going to be able to retire at an early age, there just won't be any money saved. Statistics prove that the economy in the housing market is the biggest factor most families face in today's world because society dictates that we need things in life to survive. People are living above their means, and that’s why the credit card companies are getting richer.

Despite this, universal access to health care does not reduce health inequalities in and of itself. The increasing problem of income inequality needs to be addressed in order to decrease income-related health inequalities, and to create a more equitable health care system. Raising public awareness of income-related health inequalities is crucial in order for society as a whole to act upon the problem and for the government to make any policy changes and implement interventions to address income inequality. To alleviate the obstruction of income inequality, the Canadian government should minimize education inequity by investing in early childhood education, and improve housing affordability through the implementation of a national public housing scheme. Although there are other factors of income inequality that have not been addressed in this paper such as unemployment and taxation policies; the lack of public awareness of income-related health inequalities, increase in unaffordable housing, and education inequity are the most significant issues, and must given priority. Further research can be done to look into the problems of employment as well as taxation policies and how these factors may affect income

Poverty is a worldwide crisis affecting not only developing countries but, well developed countries like Canada. Although in Canada poverty is not an prevalent issue it affects families and their life style. The after tax income in 2000 was $45,800, 13 years later the after tax income has raised to $53,000 (Statistic Canada 2015). The raising income has helped diminish poverty present in Canada helping families live a healthy, happy life. With the raising income the poor are being benefited. The lowest income earned has increased by 14.6% rising from $15,100 to $17,300 (Statistic Canada 2015). The highest decile increased by 24.6% to an income of 130,600 (Statistic Canada 2015). The after tax income is rising but, the wealthy are becoming more

Hurricane Katrina struck the Goal Coast in August 2005. Approximately 1.5 million adults evacuated from their homes. The hurricane caused an excess of $96 billion of property damage and more than 1,800 deaths (Groen and Polivka, 2010). The immensity of the forced migration and damage to the region merits studying

A one-way between subjects’ ANOVA was conducted to compare the effect of last wage in Mexico on years of education completed in 0 years, 1-6 years and 7-12 years’ conditions. There was a significant effect found between wages in Mexico and education years completed at the p<.05 level for the three conditions [F(2,12298)=16.28, p=0.000].

Economic: In Canada, the top earning age group is the “Mid-Lifers” aged between 45-59. They have high purchasing power and are more likely to spend on luxury products. Within this age group, 55 to 59 year olds are the top earners. This is said to drop to 50-54 by 2030. Social classes in Canada are also quite prone to change in the next few years. We can categories social classes into 5 categories, A, B, C, D and E (A being the top income class and E being the lowest. Currently there are 3 million people in category A, 3.3 million in category B, 6.1 million in category C, 9.3 million in category D and 8.8 million in category E. It is forecasted that even by 2030 category D will remain the largest social class, although classes E and A are forecasted