SLGY 2271 Chapter 10: Chapter 10 text
Document Summary
Low income cut-off (lico) vary by family size and urban/rural communities. Canadian welfare is not generous, receivers still live in severe economic hardship. Poverty can create more health issues, academic and behavioural problems. Single mothers more likely to have trouble escaping poverty. Dual parent families with two incomes can still be in poverty and are often the group with the highest rate of poverty in canada. Ability to work full time while having young children is a difficult circumstance that many families struggle to handle and balance. Older canadians o(cid:374) gov"t tra(cid:374)sfers (cid:894)oas, cpp, gis(cid:895) Widowhood more common for women (outlive men) Elderly that live with family are less likely to be in poverty due to their ability to depend and share resources with the family. Wealth is the stock of assets held by an individual or household that can yield income.
