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The Gap Between Rich and Poor

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Identifying income shortfalls assists us in enhancing our community by helping those who need it most. 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

 4-1 The Overall Poverty Rate is an indication of the level of poverty in our community.

 


 

 

2000

2001

2002

2003

2004

2005

2006

2007

2008

Waterloo Region

10.5

5.6

6.7

6.4

6.9

9

8.2

7.7

8.4

Ontario 

10.8

9.3

10.7

10.4

11

10.3

10.3

8.8

9.3

Canada 

12.5

11.2

11.6

11.6

11.4

10.8

10.5

9.2

9.4

 

Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs". CANSIM Series: V1562083, V1562215, V1562347, V1562697, V1562829, V1562933, V1563213, V1563263, V1563505, V1563747, V1563871, V1561419, V1561551 and V1561687

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4-2 The Median Family Income is an indicator of the relative wealth of our community.

   
 

 

2001

2002

2003

2004

2005

2006

2007

Waterloo Region

63400

65900

67000

69200

71700

72800

74750

Ontario 

58400

59600

60500

62500

64500

66600

69190

Canada

53500

55000

56000

58100

60600

63600

66550

 Source: Statistics Canada http://www40.statcan.gc.ca/l01/cst01/famil108a-eng.htm (Ontario) http://www40.statcan.gc.ca/l01/cst01/famil107a-eng.htm (Waterloo Region and Canada)

*Note:  2001-2004 based on tax-filings, 2005 based on Census reporting

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4-3 The Child Poverty Rate is an indication of the level of poverty felt by the children in Waterloo Region.

 

 

2000

2001

2002

2003

2004

2005

2006

2007

2008

Waterloo Region

12.8

7.1

6.3

7

13

13.3

10

8.7

8

Ontario

13

10.4

11.7

11.5

13.3

12.7

11.9

9.4

9.1

Canada

13.9

12.2

12.4

12.7

13

11.8

11.4

9.5

9.1

Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs."  Based on SLID data.

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4-4 The Pre-Tax Poverty Rate for Persons Aged 65 and Over is an indication of the level of poverty felt by seniors in our community.

 

 

2000

2001

2002

2003

2004

2005

2006

2007

2008

Waterloo Region

4

1.3

1.6

0.7

 

1.2

1.1

1.7

0.06

Ontario

6.1

5.2

5.6

4.9

3.8

4

4

3

4.4

Canada

7.6

6.7

7.6

6.8

5.6

6.1

5.4

4.8

5.8

Source: Statistics Canada. "Income Trends in Canada 1976-2008". Table 202-0802 titled "Persons in low income, Canada, provinces and select CMAs"

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