October 13, 2019
It’s been known for some time that Toronto is an incredibly expensive city in which to live. But a new report from the Toronto Foundation really hammers home how tough it can be out there.
The Vital Signs report says Toronto is Canada’s working-age poverty capital, meaning it has the country’s highest poverty rates for adults who are of working age — older than 18 but not yet retired. It’s not doing much better for other people either: it has the second highest poverty rate in Canada for both children and seniors. Only Winnipeg has higher child poverty rates, and Vancouver has higher senior poverty rates.