Social Security Expenditures: A historical perspective
Social security is a collection of public programs that are aimed at maintaining, protecting, and raising basic livelihood for citizens in a given country. Canada is one of the countries in the globe that employed social security after World War one with the aim of protecting individual’s and family’s income inadequacy that was extremely influenced by high levels of illnesses, accidents, pregnancies, disabilities, deaths, absence of breadwinners, unemployment, retirement among other factors.
The main impact on the imposition of social security in Canada was the British North America Act of 1971. The main impact of the World War ...