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Many young Canadians will never earn more than their parents due to social mobility barriers: Report

When it comes to improving their standard of living, young Canadians are facing an uphill battle. A new report, published by the Montreal Economic Institute (MEI), highlights the difficulties younger Canadians in many provinces are facing in achieving higher earnings and a better standard of living than their parents. The report highlights the range of factors contributing to these barriers to social and income mobility, pointing to housing and high youth unemployment.

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