We did it bureaucrats, we saved the country from income inequality, now everyone is poor. This week we check in with several new reports on the growing trend of poverty in Canada and how 25% of people are struggling to cope with this new reality. Canadians are suffering from a perceived loss of control, increased stress and other related issues and are looking for a way back into the middle class lifestyle.

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Useful Resources:

New StatsCan survey: https://www.statcan.gc.ca/en/survey/household/5378

Food Banks Canada Report: https://fbcblobstorage.blob.core.windows.net/wordpress/2024/06/FBC_2024PovertyInCanada_ENG_v6.pdf

Canada’s Poverty Report Card