(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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Interior Health reported 79 new cases of COVID-19 and two new death in the region Friday, Jan. 22, 2021. (Ben Hohenstatt/Juneau Empire)
79 new COVID-19 cases, two deaths reported in Interior Health

Both of Friday’s deaths were both recorded at long-term care homes

The BC CDC releases a map weekly that shows the geographic distribution of COVID in the province. (BC CDC photo)
Only one new case of COVID-19 in Golden region

The data shows new cases from Jan. 10 - 16

The Golden Rockets are keeping busy as the KIJHL team is ready to go when the league resumes games. (Claire Palmer photo)
Rockets keeping busy during COVID pause

The team is still practicing, waiting for the go-ahead for games

Kootenay-Columbia MP Rob Morrison speaks during Question Period in the House of Commons. File photo.
MP Morrison calls Keystone XL permit cancellation ‘devastating news’

Kootenay-Columbia MP reacts to the Conservative Party’s removal of a controversial Ontario MP

(Pixabay photo)
Black Press Weekly Roundup: Top headlines of the week

In case you missed it, here’s what made waves throughout the week

Sunnybank in Oliver. (Google Maps)
Sunnybank long-term care in Oliver reports third COVID-19 death

The facility currently has an outbreak with 35 cases attached to it

Chief Public Health Officer Theresa Tam speaks during a daily briefing in Ottawa. (THE CANADIAN PRESS/Adrian Wyld)
31 cases of COVID-19 variants detected in Canada: Health officials

Dr. Theresa Tam made announces 13 more variant COVID-19 cases in Canada

Administrative headquarters for the Regional District of Central Okanagan in Kelowna. (File photo)
Tempers fly over a pricey picnic shelter in the North Westside

Lack of detail on $121,000 shelter expenditure further incites self-govenance wishes

Big White Village on Dec. 16. (Big White photo)
11 more COVID-19 cases linked to Big White cluster

Interior Health provided an update on the cluster on Friday

Royal Inland Hospital in Kamloops. (Dave Eagles/Kamloops This Week file photo)
COVID-19 outbreak declared at Kamloops’ Royal Inland Hospital surgical unit

Despite 6 South being a surgical unit, RIH said surgeries are continuing at the hospital

Daily COVID-19 cases reported to each B.C. health region, to Jan. 20, 2021. Island Health in blue, Northern Health green, Interior Health orange, Vancouver Coastal in red and Fraser Health in purple. (B.C. Centre for Disease Control)
B.C.’s COVID-19 infection rate stays stable with 508 cases Friday

Vaccine delivered to more than 110,000 high-risk people

Volunteer firefighters from Grand Forks Fire/Rescue head towards the scene of fatal car crash near Gibbs Creek Road, below Highway 3, Thursday evening, Jan. 21. Photo: Laurie Tritschler
Motorist dies in Highway 3 crash west of Grand Forks

City first responders were called to the scene Thursday evening, Jan. 21

Vancouver Giants defenceman Bowen Byram could be playing for Colorado when the NHL resumes play. (Rik Fedyck/file)
Cranbrook product Bowen Byram makes NHL debut with Avalanche

Highly touted prospect marks first pro game following World Junior tournament in Alberta

Most Read