Press Release: Recession Increases Poverty and Economic Insecurity: New Report
FOR IMMEDIATE RELEASE
Ottawa, ON: May 4, 2010 – The 2008-2009 recession created poverty for hundreds of thousands of Canadian families, according to a new report released by Citizens for Public Justice (funded by World Vision Canada).
Bearing the Brunt: How the 2008-2009 Recession Created Poverty for Canadian Families reveals the deep impact of the recession by examining key economic trends, comparing them to the baseline of 2007 – the last year for which we have poverty measures available. This trend analysis projects that the poverty rate in Canada rose to 11.7% in 2009, an increase of over 900,000 Canadians compared to 2007. The child poverty rate has likely risen to at least 12%, an increase of 160,000 children compared to 2007.
