Gap Between Rich & Poor

Income disparities impact us all – they affect health, crime, productivity and prosperity.

Why it matters:

The Toronto Region ranked 11th out of 24 global metropolitan centres on the 2014 Toronto Region Board of Trade Scorecard on Prosperity.

Despite improved income distribution, Toronto has the second biggest gap in Canada (after Calgary) between the richest 1% and the rest:

    - The average incomes of Toronto’s richest 1% have risen by over 80% since the 1980s.

The polarization of wealth and poverty is deepening: á More than 1million Torontonians live in low-income neighbourhoods (20% or more below average incomes).

At current rates, it is estimated that by 2025, almost 60% of Toronto neighbourhoods will be low or very low income.

After a six-year decline (2004 to 2010), Toronto’s child poverty rates are on the rise:

    - In 2012, 29% of children (17 and under) in Toronto were living in poverty

 

- Toronto's Vital Signs® Report 2014

ACCESS Community Capital Fund was formed in 1999 to help promising entrepreneurs with viable business plans gain access to financing not available through other sources. Individual loans are made using a character based lending decision, where the abilities, skills and commitment of the applicant...
Amici Camping Charity's mission is to foster personal growth and lifelong skills in children with financial need through multi-year access to the unique environment of camp. Our mission is strongly guided by our vision that all children have the right to discover their full potential, and camp...
ACORN Affordable Housing Forum at The 519
Toronto ACORN is the local affiliate of ACORN Canada, an independent national organization of low and moderate income families.
Broad Reach Foundation’s mandate is to advance the life and leadership skills of disadvantaged teens from vulnerable communities through the sport, science and mastery of sailing.
Centennial Infant and Child Centre provides in home and preschool education and support for children with special needs and their families: building futures-changing lives and strengthening families.
CERA envisions an Ontario where every person realizes their housing rights, is treated with dignity, and lives free from discrimination in a stable, safe and affordable home. At CERA, we defend housing rights and human rights by educating individuals and communities, advancing progressive and...
Community Food Centres Canada builds and supports vibrant food-focused organizations in low-income communities in Toronto and across the country that bring people together to grow, cook, share, and advocate for good food for all.
COSTI provides educational, social, and employment services to help all immigrants in the greater Toronto area attain self-sufficiency in Canada.
To serve suffering children of the street and to protect and safeguard all children with absolute respect and unconditional love. Our doors are open to youth 16 to 24 regardless of race, religion, sexual orientation or the circumstances that have brought them to our threshold. As Canada's...
The mission of The Children’s Book Bank is to provide free books and literacy support to children in high-needs neighbourhoods across Toronto by recycling gently-used children's books and making them available through a storefront “book bank” in the Regent Park area of Toronto.

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