|
Few people stay poor
Tuesday, May 1st, 2012
Apr 30, 2012
Over the period 2002 to 2007, which is the latest available data, 80% of Canadians did not experience low income, defined as falling below Statistics Canada’s low-income cutoff. Roughly 8% experienced low income for one of the six years covered in the period. Only 2.1% of Canadians experienced low income for each of the six years… Canada is a mobile society characterized by both increases and decreases in income that are largely connected with natural changes in one’s life. Thankfully, the data have consistently shown an upward path for incomes and increasing opportunity for workers.
Tags: economy, poverty, standard of living
Posted in Equality Delivery System | No Comments »
Recent Comments