|
Native community sees rapid income growth
Monday, June 20th, 2011
06/18/2011
A surprising new report has found that despite significant poverty, total incomes in the aboriginal community have been growing at almost twice the rate of the country as a whole. The report… from TD Economics shows total combined income of households, businesses and government will be about $24 billion in 2011, double what it was in 2001. The number is predicted to grow to $36 billion by 2016… The average annual growth rate of total aboriginal income has been about seven per cent, whereas the Canadian nominal GDP has been growing by about four per cent.
Tags: economy, Indigenous, participation, standard of living
Posted in Debates | No Comments »
Inner-city job project cuts welfare costs, turns profit
Tuesday, August 31st, 2010
30/08/2010
During its first seven years in business, Inner City Renovations has saved the public purse close to three-quarters of a million dollars. That calculation of social assistance payments saved and income taxes paid is one indication of the success of the construction/renovation firm, which was formed in 2002 with a dual bottom-line mandate: the traditional financial one and a far-less-common social one.
Tags: housing, participation, poverty
Posted in Debates | No Comments »
Recent Comments