Financial Advisor For Low-income Families And Women In Need



What is Elder Abuse?

Abuse of seniors is a major societal issue. Elder abuse can be defined as "a single, or repeated act, or lack of appropriate action, occurring within any relationship where there is an expectation of trust which causes harm or distress to an older person". 

Many of these abuses are criminal offences under the Criminal Code of Canada, such as Theft, Forgery, Extortion, Assault, Intimidation, Threats, and Failure to Provide the Necessities of Life. Very few criminal offences against seniors are brought to the Criminal Justice System.

The main reason for abuse is the use of power and control by one person over another. In cases of financial abuse, the abuser has a false sense of entitlement to the senior’s money or possessions. The system can also be abusive. A relationship is abusive when a set of behaviour is used by a person(s) to establish dominance and control over another person.

There are several kinds of elder abuse:

  • Physical

  • Psychological

  • Financial

  • Sexual

  • Medication

  • Neglect

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Children are our greatest asset and the source of our future success, yet the health and well-being of this “greatest asset” is failing.
“The best means of forming a manly, virtuous, and happy people will be found in the right education of youth. Without this foundation, every other means, in my opinion, must fail.”
George Washington

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Women reinvest 90% of their income into the family, compared to 30 to 40% by men. This means women spend more on their children—food, shelter, and education—which creates long-term social and economic gains for their communities. This makes them an integral part of ending the cycle of poverty. In fact, if women had the same access to productive resources as men,

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