Part 4 of the poverty series takes a look at seniors in our community, and just how many are at risk.
According to a Statistics Canada report released this month, 28.5 per cent of seniors living alone are categorized as low-income. With more than 12 million Canadians who do not have workplace pension plans coupled with low contributions to registered retirement savings plans, that number is set to rise.
Read the article: An aging population in financial limbo and a housing crisis
Source: Times Colonist
Introduction: Growing problem of hidden poverty in Victoria
Part 1: How domestic violence is driving homelessness in Greater Victoria
Part 2: Childhood poverty and the single-parent trap
Part 3: The growing concern of the city’s underemployed and underpaid
Part 4: An aging population in financial limbo and a housing crisis