Posted in

Feds admit cost of living flattened poverty progress

A report from the Department of Social Development shows the cost of living has overtaken years of progress in lowering poverty rates, per Blacklock’s Reporter.

The department counted a half million Canadians who fell into poverty due to inflation in a December 11 briefing report.

“Future increases in the rate of poverty could stall progress towards reaching the 2030 poverty reduction target of a 50% reduction in poverty versus 2015 levels,” said the federal report.

Share