August 27, 2018
The federal government released Canada’s first-ever poverty reduction strategy last week, calling it a historic plan to ensure all Canadians can achieve their full potential.
The strategy lays out the goal of cutting the rate of poverty in half across the country by 2030. If it delivers on that promise, it would mean lifting more than two million Canadians out of poverty. That’s certainly a worthy goal.
The strategy basically pulls together all the government’s previously announced programs to reduce poverty. There are no new policies and no new funding commitments to improve or speed up current programs.
The government has simply pointed to its $22 billion in previously announced spending for programs, including the Canada Child Benefit, the Guaranteed Income Supplement and a tax befit for low-income workers.