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Poverty rate holds steady at 11%, well above 2020 levels: StatCan

The country’s poverty rate barely budged in 2024, remaining well above 2020 levels with more than one in 10 Canadians qualifying as impoverished, according to Statistics Canada.

In a newly released survey, the agency found 11 per cent of Canadians — about 4.5 million people — lived in poverty in 2024 versus 11.1 per cent in 2023 and seven per cent in 2020.

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