How Is the Growing Number of Aging Canadians Impacting the Family

question 3

Multiple Choice

How is the growing number of aging Canadians impacting the family members caring for them?

• A) Family members receive extra money to care for their family members.
• B) Aging Canadian will receive less Canada Pension Plan (CPP) if they live with their family.
• C) There is no impact felt by family members.
• D) Family members may require time off from work to provide care.

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Definitions:

Square Footage

The measurement of area, especially used in reference to the size of a building or room, calculated in square feet.

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted.

Contribution Margin

Contribution Margin is the selling price per unit minus the variable cost per unit, indicating how much of a product's sales contribute towards fixed expenses and profit.

Net Income

The profit of a company after all expenses and taxes have been subtracted from total revenue; a key indicator of financial health.