May 22, 2018
What we’ve learned from history is that income security programs are the way to go — the older adult population is a key case in point. By providing financial stability to older adults through various income security programs (e.g., old age security, the guaranteed income supplement), we, at one point, virtually eliminated poverty for this population.
Findings, too, from the Mincome study, documented by Evelyn Forget at the University of Manitoba, showed that by providing people with a basic income in Dauphin, Man., there was a reduction in the hospitalization rate of almost 10 per cent in just four years. That amounts to significant savings in health care dollars.
Charity as the solution? Think again. Food and meal programs have never been able to solve food insecurity because they don’t address the root of the problem: a lack of financial resources.