preview

Wealth And Poverty In Canada

Satisfactory Essays
Poverty is a worldwide crisis affecting not only developing countries but, well developed countries like Canada. Although in Canada poverty is not an prevalent issue it affects families and their life style. The after tax income in 2000 was $45,800, 13 years later the after tax income has raised to $53,000 (Statistic Canada 2015). The raising income has helped diminish poverty present in Canada helping families live a healthy, happy life. With the raising income the poor are being benefited. The lowest income earned has increased by 14.6% rising from $15,100 to $17,300 (Statistic Canada 2015). The highest decile increased by 24.6% to an income of 130,600 (Statistic Canada 2015). The after tax income is rising but, the wealthy are becoming more
Get Access