An aging population in financial limbo and a housing crisis

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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 

Part 5: Changes needed to address Greater Victoria poverty

In Crisis?:

If you require urgent emotional support, including having thoughts of suicide and other mental health issues, please call Vancouver Island Crisis Line: 1-888-494-3888.

Youth (under 25 years of age) may access youthspace.ca for online emotional support.

For other resources, including shelter availability, visit bc211.ca