Gap Between Rich and Poor
Impact on Toronto:“The socio-economic health of Toronto requires a vital investment in economic development and poverty reduction. We need to consider the lives and livelihoods of vulnerable Torontonians, on a foundational level, in order to assist to close the gap between the rich and poor.”
— Barb Gosse, Director, Saving and Asset-Building Initiatives, Social and Enterprise Development Innovations (SEDI)
Why it matters:When there is a large gap between the rich and poor in our community, we are all affected. A large gap can lead to other social problems in our community, like health disparities and crime.
• In one year, poverty in Toronto rose 22 per cent and the rate of child poverty was up by more than 43 per cent.
• The average cost of nutritious food for a family of four in Toronto rose to $715/month in 2010. On social assistance, that family would need to spend 37 per cent of its income on food and 69 per cent on rent, leaving minus $133 per month for all other basic needs.
Further Refine Your Search
Filter by Toronto’s Vital Signs® Issue Areas
Filter by Populations Served
- Age c) youth - 12 to 18 (54)
- Age d) young adults - 19 to 29 (49)
- Newcomers (39)
- Age b) children - up to 11 (34)
- Women (31)
- Age e) adults - 30 to 64 (30)
- Age a) all ages (27)
- People with Disabilities (26)
- Age f) seniors - 65 and up (22)
- Ethno-specific (16)
- Lesbian, Gay, Bisexual, Transgendered (LGBT) (15)
- Men (14)
- Faith-based (5)