The public cost of poverty in Canada is easily $25 billion a year, and climbing. A new report from the National Council of Welfare suggests that the government could save billions of dollars by tackling the roots of poverty.
The report The Dollars And Sense of Solving Poverty looks at the high costs of the consequences of having a large portion of the Canadian population living in poverty. It goes on to say it is in the public interest for all governments in Canada’s federation to invest in preventing poverty and improving economic and social well-being.
Many Canadians are concerned that reducing poverty means more spending on people living in poverty, leaving others worse off. The growing body of research and experience tells a very different story. It shows that reducing poverty benefits everyone.
Have your say…how should Canada deal with poverty?