Canada's Poverty Rate Stagnant in 2024

0:00Canada's poverty rate in 2024 stayed almost flat, still sitting more than 50 percent higher than back in 2020. Statistics Canada dropped this update, showing we're not making much headway on lifting folks out of hardship. Nunavutops to list with a staggering 31.7 percent poverty rate, blamed on sky-high living costs across the North. British Columbia follows at 13 percent, Ontario at 12.5, while Quebec holds the low spot at just 7 percent. These numbers hid hardest for racialized communities, indigenous people, and those living with disabilities who face poverty at much higher levels than average. It's a reminder of deep rooted inequalities baked into daily life. The agency measures this using a market basket approach, figuring the share of people who can't cover a basic set of goods and services in their area, tweaked for family size. As these trends drag on from 2020, it's clear we need bolder moves to close the gaps and build real equity from the ground up. Local news, powered by AI. This is Canada News Today. I'm Corey with The Story.