Day 2: The High Cost of Sexual Violence

2017-12-19T17:27:28+00:00November 26, 2015|Gender-based violence, Infographics, Posters, Sexual abuse, SHE Magazine|

Woman looking awayWhen a woman is sexually assaulted, the impact on her life can last for years, and the trauma can affect her education, employment, and long-term well-being. Society pays, too. In Canada, the annual costs of sexual assault and related offences for the criminal justice system, social services, and employers add up to an estimated $200 million, according to the Department of Justice.

When you include the medical costs, lost productivity, and pain and suffering of victims, the cost skyrockets to $4.8 billion. The problem is huge. In a 2009 Statistics Canada survey, 472,000 people in Canada reported they had been sexually assaulted. Supports such as counselling and legal advice help survivors re-establish a sense of safety and control over their lives, and reduce the long-term collective costs.

3 Reasons Seniors are Facing More Debt than Ever – and May Be Vulnerable to Abuse

2017-12-19T17:28:09+00:00November 19, 2015|Gender-based violence, Guest bloggers, Infographics|

Older womanAlmost half of retirees are in debt. While their total debt might be lower, older Canadians are accumulating debt at a faster rate than their children and grandchildren.  The question is, why this is the first generation of seniors willing to risk their retirement by taking on so much debt late in life? In truth, seniors are facing the pressure to go into debt for three main reasons.

1.       Lifestyle and Longevity

For some, debt becomes a way of funding their retirement. A small segment may be using debt to maintain a larger home rather than downsizing and travelling, but for many, debt is funding basic living expenses. A reduction in income without a healthy safety net, in terms of retirement savings or a good pension, means borrowing to pay the rent and eat. As we live longer, any savings we do have may not go far enough.

The Power of Voice

2017-12-19T17:30:38+00:00October 23, 2015|Empowering girls, Infographics, SHE Magazine|

Woman writingI never used to be what you’d call an outspoken person. In high school, when my English teacher suggested I read one of my poems aloud in class, I said, “No way!” Early in my career I wrote a well-received research report, but at the press con­ference I actually hid behind a colleague. At dinner parties, I dreaded the prospect of someone raising a controversial subject. I had strong opinions, but not the nerve to say them out loud.

Women are wonderfully diverse, but many of us have one thing in com­mon: We struggle to find our voice. Finding our voice is essential to becom­ing our authentic selves, and is especially important for women and girls who are trapped by violence, poverty, and rigid gender stereotypes.

Debt Struggles Create a Burden of Comparative Poverty for Women

2017-12-19T17:37:59+00:00August 19, 2015|Guest bloggers, Infographics, Women’s poverty|

Woman in black and whiteIt’s not just a low income that creates the burden of struggling to make ends meet. A recent study by my firm, Hoyes, Michalos & Associates Inc., shows that women are increasingly turning to debt as a way to survive on a modest income, often to their detriment.

Not surprisingly, almost half of all insolvency filings are made by women.  What is alarming is that women have to turn to bankruptcy for significantly lower debts. In fact, women are filing bankruptcy with debts that are one-third less than that of male insolvent debtors.