(Libreshot.com)

(Libreshot.com)

Wealth tax could fund $20B in aid, child care for 1.3M impoverished Canadian kids: report

Indigenous children experienced higher than average rates of child poverty

At least 1.3 million Canadian children were living in poverty prior to the pandemic, and that number has likely only increased, according a report released by Campaign 2000.

The organization’s Report Card on Child and Family Poverty in Canada estimates that prior to COVID-19, one in five children were living in poverty.

“Never before have these inequities been so apparent and the need to close gaps so dire,” the report said.

“First Nations, Inuit, Métis, racialized, immigrant children, children with disabilities and children in female led lone parent families are all overrepresented in rates of poverty, while income and wealth continues to concentrate at the top.”

The report found that the national child poverty rate dropped by less than half a percentage point between 2017 and 2018. It grew in some provinces and territories, including Nunavut, Nova Scotia and Manitoba, and dropped “modestly” in others, including British Columbia, Quebec and Ontario.

The report made a series of recommendations, including improving access to federal aid for families who may have trouble accessing. It noted that the Canada Child Benefit “made an important difference” when it was introduced in 2016 but that the improvement has not remained.

Child care was another issue identified. The report stated that there are regulated childcare centre spaces for just short of 29 per cent of children up to five years old, a problem that can disproportionally affect single-parent households.

Some groups were more marginalized than others, according to the report. It found that among First Nations children who are status, 53 per cent of on-reserve First Nations children and 41 per cent of those who live off-reserve lived in poverty. In First Nations children without status cards, the poverty rate is 31 per cent. Poverty rates for Inuit and Metis children are at 25 and 22 per cent, respectively.

“The federal government has a fiscal responsibility to First Nations communities through treaties and the Indian Act but funding falls significantly short from what other Canadians receive,” the report stated. “Lack of culturally appropriate, accessible and locally delivered services remain a barrier for First Nations, Inuit and Métis peoples living in urban and rural communities.”

The report recommends paying “full compensation to the First Nations children, parents and grandparents who were harmed by inequitable funding for child welfare services on reserve .”

Branching out to overall child poverty, the report made several funding recommendations to improve income inequality. The report called for a tax of one per cent on wealth over $10 million, two per cent on wealth over $100 million and three per cent on wealth over $1 billion, stating this could generate nearly $20 billion each year. Further, the report called for the government to create an inheritance tax of 45 per cent, just above the U.S.’s current tax of 40 per cent, as well as reduce preferential tax rates on capital gains and investments and close tax havens, changes it said would bring in $34 billion in savings and new funding.

Looking at the impact of COVID-19, the report recommended an “excess profit tax” that would focus on companies that made extraordinary profits during, and due to, the pandemic.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

Child welfarePoverty

Just Posted

The first Pfizer-BioNTech COVID-19 vaccine dose in Canada is prepared at The Michener Institute in Toronto on Monday, Dec. 14, 2020. THE CANADIAN PRESS/Frank Gunn
One death, 39 new cases of COVID-19 in Interior Health

There are 484 active cases of the virus in the region currently

Pictured is Britany Bignham, a Cranbrook hairstylist who is one of 16 top stylists in the running for the Ultimate Stylist competition - an online international hair and beauty competition. She is pictured behind her chair at the Hair Mob. (Corey Bullock/Cranbrook Townsman file)
Cranbrook hairstylist vies for top prize in international competition

Britany Bingham is one of 16 finalists in the Ultimate Stylist competition

Kimberley RCMP detachment seeking information after female teenager grabbed by masked man.
Teenaged female grabbed by masked man on Kimberley trail

RCMP seeking witnesses or information

Brenda Ware. (RCMP)
Murder charge laid against man in Kootenay National Park homicide

Philip Toner was located in Lake Country on May 11

City staff has passed an order requiring remedial action on a building that was severely damaged by fire last fall. Trevor Crawley photo.
City council orders remedial action on vacant buildings damaged by fire

City council has issued a remedial action order relating to vacant buildings… Continue reading

B.C. Labour Minister Harry Bains in the B.C. legislature, May 13, 2019. (Hansard TV)
VIDEO: B.C. to provide 3 days of sick pay for COVID-19 absences

Province will support employers on cost, labour minister says

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, April 29, 2021. (B.C. government)
B.C.’s COVID-19 rate creeps up again, 600 new cases Wednesday

One more death, 423 people in hospital with virus

B.C. Agriculture Minister Lana Popham takes questions in the B.C. legislature in 2017. (Hansard TV)
UPDATE: B.C. will fund another year of fresh fruit, vegetables, milk in schools

John Horgan government working on school meal program

Surrey RCMP is releasing sketches of a suspect in an “indecent act” at the Coyote Creek Elementary playground on April 30, 2021. Police said the suspect was clean-shaven “during some interactions” and on “other occasions had stubble outlining a goatee and mustache.” (Images: Surrey RCMP handout)
Vancouver mayor-elect Kennedy Stewart addresses supporters in Vancouver on Sunday, Oct. 21, 2018. THE CANADIAN PRESS/Darryl Dyck
Vancouver mayor says there’s no time to redo details of drug decriminalization plan

Kennedy Stewart says a federal election could see the small window of opportunity close on the city’s bid for an exemption from criminal provisions on simple possession of small amounts of drugs

Premier Mike Horgan received his first dose of a COVID-19 vaccine. (Facebook/John Horgan)
More than 50% of people eligible in B.C. have received 1st vaccine dose

‘We’ve made extraordinary progress together over the past few weeks,’ says Premier Horgan

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Most Read