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Poverty costs Ontario up to $33B annually, new report says
Friday, October 4th, 2019
The study, entitled The Cost of Poverty in Ontario, examines the relationship between poverty, poor health, the justice system and lost productivity. It makes the economic case that investing in people by reducing poverty is not only socially responsible but financially sound. The loss of what’s known as “opportunity income” accounts for the largest chunk of the cost of poverty — $19.4 to $25 billion — followed by health care with $3.9 billion.
Tags: economy, featured, Health, ideology, participation, poverty, standard of living
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