Statistics Canada data shows largest three-year reduction in Canadian history
March 4, 2020 Vancouver, British Columbia Employment and Social Development Canada
The Government of Canada is commited to growing the middle class and helping those working hard to join it.
The Honourable Harjit Sajjan, Minister of National Defence and Member of Parliament for Vancouver South, on behalf of the Honourable Ahmed Hussen, Minister of Families, Children and Social Development, today highlighted the results of the 2018 Canadian Income Survey. The survey found that over 1 million Canadians have been lifted out of poverty since 2015, and that the poverty rate in Canada continues its downward trend.
The results of the survey show that more Canadians than ever are joining the middle class. Thanks to programs like the Canada Child Benefit, the increase to the Guaranteed Income Supplement and the middle class tax cut, Canadians have more money in their pockets. The release shows a significant reduction in poverty in Canada, representing the largest three-year reduction in Canadian history.