According to a Recent Ipsos Poll, on Average, Canadian Families

question 22

Multiple Choice

According to a recent Ipsos poll, on average, Canadian families spend approximately how much per year and per child on extracurricular, community and sport activities?

• A) $4,100
• B) $3,320
• C) $2,000
• D) $1,100

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Definitions:

Beneficiaries

Individuals or entities entitled to receive benefits or assets from a trust, will, or insurance policy.

Principal of an Estate

The total assets of an estate before debts and liabilities are subtracted.

Major Repairs

Significant restorations or overhauls to property or equipment, intended to extend its useful life or enhance its value.

Ordinary Repair

Maintenance activities conducted regularly to keep assets in their current condition and prevent significant deterioration.