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[13]: 2 The poverty rate in Canada in 2008, was among the highest of the OECD member nations, the world's wealthiest industrialized nations. [6] In 2013, Canada's high poverty rate ranked among the worst of 17 high income countries with 12.1% living in poverty. [91] Canada's child poverty rate was 15.1% compared to 12.8% in the mid-1990s.
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs.
Causes of poverty in rural areas includes low income, lack of employment, the high costs of new housing construction, poor quality of housing (leading to higher costs for heating), poor health and lack of healthcare within a reasonable traveling distance, and low levels of education. [49]
In the 1970-71 school year, full-time faculty were paid the equivalent of $81,030 on average in 2018-19 dollars. Study: For Full-Time College Faculty, Inflation-Adjusted Salaries Up Only 9.5% ...
Research reveals that there was a shrinking of inequality between racial groups from 1970 to 1988, but since then the gap has grown again. [1] [103] Latinos and American Indians experienced similar educational repression in the past, which effects are evident now. Latinos have been systematically shut out of educational opportunities at all levels.
Since colleges and universities ... the hardest-hit states increased their tuition costs more sharply due to higher budget cuts. For instance, Iowa, one of the states least affected by the Great ...
The economic impact of immigration to Canada is an important topic in Canada.Two conflicting narratives exist: 1) higher immigration levels help to increase GDP [1] [2] and 2) higher immigration levels decrease GDP per capita or living standards for the resident population [3] [4] [5] and lead to diseconomies of scale in terms of overcrowding of hospitals, schools and recreational facilities ...
Twenty-first century college costs have risen much faster than income, resulting in an increase in student loan debt from $260 billion in 2004 to $1.6 trillion in 2019Q2. [143] From 1995 to 2013, outstanding education debt grew from 26% of average yearly income to 58%, for households with net worth below the 50th percentile. [144]