Lenders can hike interest rates up to 59 per cent. One senator is trying to make that illegal.
The average family will pay $411 more for groceries next year.
Having a clearly defined poverty line enables a government to set targets, such as reducing the prevalence of measured poverty.
It'll be a night to remember.
Almost 40 per cent of adult Canadians (over 10 million people) experienced moderate to high levels of income volatility over the past year. Approximately 3.3 million of these Canadians actually saw their monthly income fluctuate by 25 per cent or more.
The combination of four factors, globalization, outsourcing, automaton, and the increasing adaptation and use of artificial intelligence is taking a growing toll on the low-income and middle-class sections of the society in developed countries, which is prompting the debate for the introduction of universal basic income.
Hunger Awareness Week invites us to not only talk about the problem of hunger in Canada, but to think about how we can address it. At the Ontario Association of Food Banks, our long-term vision has always been a hunger-free Ontario. Next summer, this dream may inch a little closer to becoming a reality.
It is time we make sure all low-income Canadians are accessing the benefits Parliament has already agreed they deserve. It is incumbent on the government to make sure everyone is aware of the benefits they are due. The CRA needs to provide strong support to ensure barrier-free tax filing for all those in need.
While the incomes of Canada's wealthiest are increasing, the absolute wealth of our poorest is decreasing. As this gap grows, so too do the differences in people's health risks, care and outcome. The poorer people are in Ontario, the more likely they are to have shorter lifespans, to be overdue for screening tests and to suffer from multiple chronic health conditions.
The proposed budget will increase government spending while having a deficit of $29.4 billion. It will direct billions of dollars to infrastructure spending, First Nations, and the middle class and lower income groups.
Across Canada, public and private drug plans are increasingly using reference-based pricing policies to contain costs. Under reference-based pricing, drug plans reimburse the cost of the reference drug(s) in a medication class. Most often, this is the least expensive drug.
The push for doctors to treat social issues like poverty is starting to change the way we practice medicine and how we work with community agencies and those with expertise in income benefits, food security and poverty law. Many health organizations now are right in the middle of advocacy for better social conditions. Major medical organizations, including the Canadian Medical Association and the Canadian College of Family Physicians have been vocal in their support for this approach. This demonstrates a real acceptance by the medical mainstream that reducing patients' poverty is a core part of a doctor's job.
Over the past year, the Ontario Association of Food Bank saw a 35 per cent increase in the number of seniors visiting food banks. This growth is particularly concerning when looking at the aging population of Canada, where seniors are predicted to represent 23 per cent of the population by 2030.
What happens if I wish to raise a family? I would have to take maternity leave to deliver a baby and to get ample rest after the birth. I would probably need to take extra time off too by taking further unpaid leave. Not all countries make it compulsory for companies to provide paid maternity leave.
The cost of tuition can be overwhelming to say the least. For families and students trying keep afloat this year, making tuition payments is already a challenge often managed by multiple loans, jobs and sleepless nights spent studying or trying to make the grade in order to maintain a scholarship.
I'm here to make the case for doing your taxes, whatever you earn. Every year, many Canadians living on low incomes choose not to file, stating little return -- no pun intended -- on the effort. Are you one of them? You may not realize that whatever bracket you fall in, filing has benefits tailored specifically to your situation. Below, you will find three reasons why filing is essential for those with low incomes.
While the fantasy surrounding Santa can be a magical experience for a child, how to deal with the consequences of explaining "how a man with infinite resources has left you with less than your peers" can become complicated and send out the wrong message about the child's worth if Santa's yearly rewards don't add up to those of their elementary counterparts.
The wrong approach to poverty reduction is to ignore the problem, letting the ideological conceit that a rising tide lifts all boats obscure the hard reality that many Canadians have no boat -- or access to anyone who has ever had a boat. The answer is automatic top-ups for those who fall beneath the poverty line.