The Problem And Challenge Of Poverty Essay
In 2014, 14.8 percent of the population of Saskatchewan, i.e. 160,000 people, lived in poverty. In 2010 only, poverty cost the province $3.8 billion in heightened service use and missing opportunities for contributions to the GDP and taxes. Poverty is the lack of income and productive resources sufficient to ensure sustainable livelihoods. In the long run, living in poverty prevents people from taking advantage of opportunities that many of us take for granted.
Populations that are most at risk of poverty include Lone-Parent Families (especially single mothers), children, First Nations and Métis, rural, those living with disabilities, and recent immigrants. Northern Saskatchewan is considered one of the poorest regions in the country. In 2014, Saskatchewan had the third highest child poverty rate in Canada at 24.6%.
Poverty creates severe health inequities among populations. It also jeopardizes the sustainability of our healthcare system. A study of health outcomes in the City of Saskatoon demonstrated that low-income residents consume an extra $179 million in annual healthcare costs than if they were middle-income.
Saskatchewan’s economy is growing, but this economic growth triggered an increase in the costs of basic goods and services. Moreover, province’s residents are facing problems with affordable housing and rising rental costs. Saskatchewan has one of the lowest unemployment…