You’re less likely to rise from poverty to wealth in New Brunswick than in any other province, according to a new study.
Research by an economics professor at the University of Ottawa suggests a person’s economic mobility may be tied to where they live in Canada. And New Brunswickers face the most obstacles in rising from rags to riches, according to the numbers.
Miles Corak’s recently published working paper called Divided Landscapes of Economic Opportunity: The Canadian Geography of Intergenerational Income Mobility, used generations of statistics from the Canadian Revenue Agency.
Corak’s findings suggest New Brunswickers who are born in the lowest category of earners will have only a 6.1 per cent chance of climbing to the highest category of earners