cover image: Key to tackling child poverty

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Key to tackling child poverty

31 Mar 2004

While gap between Canada’s rich and poor appears to debate about the adequacy of such programs is be growing: Between 1990 and 2000, incomes ongoing, income supports account for a growing for the richest 10 percent of Canada’s families proportion of the incomes of Canada’s poor grew slightly while the incomes of the poorest families. [...] This, 15 years after Canada Child Tax Benefit are helping to meet at the House of Commons unanimously agreed to least some of the basic needs of Canada’s poorest work towards the goal of ending child poverty in families. [...] And the gap is growing: We know that young adults from low-income Between 1984 and 1999, the median net worth backgrounds have some of the highest rates of of the wealthiest 20 percent of Canadians financial dependency of any group in Canada. [...] For parents with some modest regular contributions from families, after-tax income to spare and who plan to send the government expects that an individual Trust their children to college or university anyway, the Fund could grow to as much as £27,000 by age RESP and CESG provide a nice tax-sheltered 18. [...] A recent evaluation of the ment plan to promote savings and asset dev- CESG found that the majority of beneficiaries elopment over the life span to ensure personal come from families with incomes of $80,000 economic security, opportunity and long-term and over.
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Authors

Robson-Haddow, Jennifer

ISBN
1553820959
Pages
5
Published in
Canada

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