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Real cost of poverty
Saturday, May 19th, 2012
May 19, 2012
The real cost of poverty to Ontario is immense. According to the Ontario Association of Food Banks, the cost of poverty to Ontarians amounts to 5.5 to 6.6 per cent of Ontario’s GDP. In real terms that equals $2,299 to $2,895 annually for every Ontario household… Poverty-induced health care costs alone amount to $2.9 billion each year… If a concerted effort is made to eliminate poverty, the savings can be passed along to taxpayers, used to reduce our debt and also to improve our health care and education system.
Tags: budget, Health, ideology, poverty, rights, standard of living
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