Finance jobs toronto

TORONTO -- Toronto's poor families with children, regardless of the parents' age, "are so poor it would take more than $15,000 per year to get them up to the poverty line," a report by the Family Service Association of Toronto and the Community Social Planning Council of Toronto states. The two agencies found a "dramatic downturn in the economic well-being" of families headed by those under 35 years of age compared to previous generations of young families and compared to older families today.

The reports's recommendation are:

* rent controls, and more affordable housing,

* sustained and increased funding of community social service agencies,

* an end to the claw back of the National Child Benefit for families on welfare, and

* raising the Child Tax Benefit to a $4,900 maximum,

* an increase in Ontario's minimum wage to $10 per hour.

Prospects for Young Families, a year-long collaborative research project of the two agencies, was funded by the United Way of Greater Toronto and the Atkinson Charitable Foundation.

It examined the impact of social and economic circumstances on young families whose head was under 35 years of age. The project's purpose was also to build public support for policy changes at the municipal, provincial and federal levels of government.

Between 1981 and 2001 the report found that:

* poverty rates among young families with children in Toronto increased by 56 percent;

* the median income for Toronto's young families with children fell by 27.1 per cent for those under 25 years of age and by 18.4 per cent for those between the ages of 25 to 34;

* immigrant families and families with children in racialized groups also made up a higher proportion of Toronto's poor than they do the population as a whole with Aboriginal families more likely to have lower incomes than the rest of the population.

Among its many recommendations, the report calls on Toronto's mayor to convene a summit on good jobs to set the stage for a Mayor's Task Force on Good Jobs whose multiple mandate would include possible changes in labour standards to better protect young families. The report also urges the federal government to work with the province to develop a multi year investment plan "to significantly expand quality affordable child care."

Between 1981 and 2001 the report found that:

* poverty rates among young. families with children in Toronto increased by 56 percent;

* the median income for Toronto's young families with children fell by 27.1 per cent for those under 25 years of age and by 18.4 per cent for those between the ages of 25 to 34;

* immigrant families and families with children in racialized groups also made up a higher proportion of Toronto's poor than they do the population as a whole with Aboriginal families more likely to have lower incomes than the rest of the population.

Among its many recommendations, the report calls on Toronto's mayor to convene a summit on good jobs to set the stage for a Mayor's Task Force on Good Jobs whose multiple mandate would include possible changes in labour standards to better protect young families. The report also urges the federal government to work with the province to develop a multi year investment plan "to significantly expand quality affordable child care."