Vashishtha 1

Khushi Vashishtha
Mrs. Greene
HHS4UZ
February 23, 2024

PRP Phase 1: Inflation

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PHASE 1

Topic choice: Scan the headlines, newsgroups, and various Internet sources to identify current issues that affect
individuals and/or the family. What does the nature of the concern in the headlines suggest about its significance for
individuals and families in Canada? This will become your main topic that you will be researching. Brainstorm a
possible solution to this current issue that you are discovering and use this as your guide to your research and
conclusion of the overall paper.

Social Science Research Process Your Research Process

Possible Topic Possible Topic

● A statement of the issue/phenomenon, that you as
a researcher, want to investigate
● Health issues linked to poverty – how can we
minimize/eradicate/lessen health issues linked to
poverty
● The Impact of Inflation on Canadian Families: An
In-depth Analysis of Economic Strain, Household
Budgets, and Socioeconomic Well-being

Rationale
● Purpose/justification of your research
● Go into more depth about your question
● State the overall importance to the study of
families
Ex. Talk about why you want to dive into this topic and
why you think it is important to studying families.
Rationale
● This research aims to uncover the specific ways
that inflation affects the families in Canada,
investigating its impact on household budgets,
income distribution, and overall well-being.
● The importance lies in understanding how
inflation can worsen economic disparities, cause
financial stress, and inhibit family investments in
areas such as education and health.
● This research strives to contribute to a more
resilient economic landscape, empowering
families for the betterment of Canadian society.
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Write a paragraph outlining your topic & rationale - compete as part of this doc

Topic Selection Paragraph:

In order to understand how growing costs affect household budgets, income distribution, and general socio
economic stability, this study examines the complicated relationship between inflation and the well-being of
Canadian families. If inflation is not explored, it can lead to increased economic inequality, financial strain, stress,
and a barrier to families' capacity to make investments in fields like health and education (Uppal 4). This study
looks into the ways that inflation impacts families and examines adaptation skills in an effort to enable households
to deal with financial difficulties. The final objective is to support the creation of evidence-based policies that
support social justice, resilience, and the long-term well-being of Canadian families.
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Works Cited

“Inflation’s Toll on Canadian Families.” Inflation’s Toll on Canadian Families,

economics.td.com/ca-inflation-toll. Accessed 24 Feb. 2024.

Sticker Shock: How One Canadian Family Is Coping with the Highest ...,
financialpost.com/news/economy/canadian-family-cope-inflation. Accessed 25 Feb. 2024.

Uppal, Sharanjit. “This Study Uses the 2022 Portrait of Canadian Society Survey to Examine the Impact
of Rising Inflation on the Lowest Income Canadians. Using Multiple Pre-Pandemic Data Sources, the
Study Also Takes a Closer Look at People Living in the Bottom Income Quintile, Examining Their
Family Income, Debt and Assets Levels, as Well as Some Indicators of Economic Hardship.” Rising
Prices and the Impact on the Most Financially Vulnerable: A Profile of Those in the Bottom Family
Income Quintile, Government of Canada, Statistics Canada, 8 Feb. 2023,
www150.statcan.gc.ca/n1/pub/75-006-x/2023001/article/00002-eng.htm#.