identifying tax benefits or incentives to reduce poverty among older adults

    Publication year: 2018

    Poverty reduction measures are an important approach to improving health and well-being.(2) A recent survey found that poverty among older adults was lower in 20 out of 35 OECD countries when compared to the population as a whole.(3) In Canada, while the prevalence of low income among older adults has declined since 1976, older adults are more likely to be towards the bottom of the income distribution.(2; 4) Living in poverty is of particular concern among older adult populations given the additional challenges that are often associated with aging (e.g., multimorbidity, reduced mobility and independence, and loss of community and social supports).