Adequacy over time: each household’s welfare income relative to the Official Poverty Line (MBM or MBM-N) in the provinces from 2002 to 2023, and for each household in the territories from 2018 to 2023. Download the spreadsheet
May 2023 Region Canada Survey time period 2021 Age group under 18 years Supplementary notes Values presented are of adults who fall below the threshold of low income measures (LIMs), which are 50% of adjusted median household income. These measures are categorized according to the numbe...
Incomes are not only higher in economically free places, but they tend to grow faster in these places as well. From 2013 to 2022 total income in the freest 25% of North American jurisdictions grew 29% after adjusting for inflation. In the least-free jurisdictions, however, inflation-adjusted...
And this class distinction is far more important than anything based on superficial differences like income and occupation. As a Tim Hortons person, who feels deeply ill-at-ease in a Starbucks, and who does not understand the menu, I cannot stop myself asking the “barista”(?) the ...
residing in low- and middle-income countries like Uganda and Rwanda, the cost of oral health care can significantly impact their household income, with many at greater risk of falling below their country’s poverty line once oral health care costs are subtracted from their household income [16]...
Population below poverty line 9.4% Inflation Rate 1.6% Prime Lending Rate 1% GDP $1,532 billion GDP Pro Capita (PPP) $46,200 Currency Name Canadian Dollar Currency Code CAD World Bank Classification High Income Competitive Industrial Performance 15/138 Corruption Perceptions Index 8/180 Ease of ...
This is especially important in order to address and reduce the following global statistics: (1) 75 low- and middle-income countries reported between 2014 and 2022 that 8 in 10 children aged 1–14 years experience psychological aggression and/or physical punishment (SDG 16 Hub, 2023); (2) ...
Political action, she said, means that governments need to make "long term social policy investments," from action on affordable housing to increasing fixed income rates. "These are investments in our ability to thrive as a nation," she said. ...
Canada’s 2023gross domestic product (GDP)was $2.14 trillion, while the U.S. reported a GDP of $27.36 trillion.1 Income However, while the U.S. is a much largereconomicsuperpower, the gap between average income for people in the U.S. and Canada is narrower. ...
Both the United States and Canada provide workers with a guaranteed income when they reach retirement age but these federal pension plans differ from each other in several ways. Canada's Old Age Security Canada has a three-part system: