Reminders

The Gap 2008

The Gap Between the Rich and Poor: 2008 Archive

For nearly two decades, the Canadian economy experienced vibrant growth. However, the benefits of this growth have not been equally shared by all Canadians. Striking differences in income have caused "the wealth gap" to widen; in addition, it appears that wealthy people live longer, and that they're healthier at every stage of their lives.


Supplementary Local and National Comparison Information

The Child Poverty Rate is an indication of the level of poverty felt by the children in Waterloo Region.

Pre-Tax Poverty Rate for Children (Under 18) The Gap Survey Graphs 2008 17.jpg

 2000200120022003200420052006
Waterloo Region12.27.16.371313.39.8
Ontario12.810.311.711.413.212.611.8
Canada13.812.112.312.51311.711.3

Source: Statistics Canada. "Income Trends in Canada 1976-2006". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs." Based on SLID data.

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The Overall Poverty Rate is an indication of the level of poverty in Waterloo Region.

Pre-Tax Overall Poverty Rate, 2000-2005 The Gap Survey Graphs 2008 17 (1).jpg

 200020012002200320042005
Waterloo Region15.715.415.515.816.216.1
Ontario20.520.120.420.721.221.1
Canada22.121.521.521.522.221.7

Source: Statistics Canada. Small Area Administrative Data. Family characteristics, Low Income Measures (LIM), by family type and family type composition, annual.

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The Median Family Income of All Families is an indicator of the relative wealth of our community.

Median Family Income The Gap Survey Graphs 2008 17 (3).jpg

 20012002200320042005*
Waterloo Region6340065900670006920074070
Ontario5840059600605006250069156
Canada5350055000560005810063833
*Note: 2001-2004 based on tax-filings, 2005 based on Census reporting

Source: Statistics Canada http://www40.statcan.ca/l01/cst01/famil107a.htm

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The Elderly Poverty Rate is an indicator of how well our seniors are faring in our community.

Pre-Tax Poverty Rate for Persons aged 65 and over The Gap Survey Graphs 2008 17 (2).jpg

 200020012002200320042005
Waterloo Region7.37.97.87.58.38
Ontario10.411.111.211.111.811.5
Canada12.713.413.613.214.414

Source: Statistics Canada. Small Area Administrative Data. Family characteristics, Low Income Measures (LIM), by family type and family type composition, annual.

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