Opportunity for All: Canada’s First Poverty Reduction Strategy
Every Canadian deserves a real and fair chance to succeed, no matter where they live or where they come from. On August 21, 2018, the Government of Canada released, Opportunity for All: Canada's First Poverty Reduction Strategy,which targets a 20% reduction in poverty by 2020 and a 50% reduction in poverty by 2030, relative to 2015 levels.
Visual representations of the Strategy
Progress to date
Canada's lowest poverty rate in history
The Government of Canada met its first poverty reduction target a full three years ahead of schedule. Between 2015 and 2017, the poverty rate fell by more than 20% to 9.5%. By achieving this target, Canada is at the lowest poverty rate in its history.
The Government of Canada remains committed to reducing poverty by 50% by 2030. With the help of programs such as the Canada Child Benefit and the increase to the Guaranteed Income Supplement top-up, there were 825,000 fewer Canadians living in poverty in 2017 than there were in 2015.
- To date, the Canada Child Benefit has helped almost 300,000 children to exit poverty between 2015 and 2017
- The increase to the Guaranteed Income Supplement top-up has helped to reduce the number of single seniors living in poverty by 52,000 between 2015 and 2017
Measuring progress: Poverty indicators
The Strategy outlined the Government of Canada's plan to strengthen poverty measurement, identify gaps and gather data to guide its journey to 2030.
The Dimensions of Poverty Hub features Canada's official poverty dashboard which includes several indicators to help track progress on many aspects of poverty from different measures of low income, to Canadians in housing need, to the differences in earnings and life outcomes between low-income Canadians and those in the middle class.
National Advisory Council on Poverty
A key component of the Strategy was to establish a National Advisory Council on Poverty. The newly created Council brings together a diverse group of 10 members who will advise on the Strategy and produce a report on the progress toward meeting poverty reduction targets every year.
Key accomplishments over the last year are available in the new report: Canada’s Poverty Reduction Strategy (An Update).
Government investments that support poverty reduction
Since 2015, the Government of Canada has made significant investments in children, seniors, lower-wage workers and other vulnerable Canadians. These investments are having an immediate impact on reducing poverty and are making a difference in the lives of Canadians. More Canadians are expected to be lifted out of poverty as the impacts of these investments are realized in the years to come.
Opportunity for All builds on the Government of Canada’s significant investments in recent years, such as:
Canada Child Benefit
The Canada Child Benefit is a tax-free benefit that provides support to low- to middle-income families to help with the cost of raising children.
Canada Workers Benefit
The Canada Workers Benefit, an enhanced version of the Working Income Tax Benefit, is a refundable tax credit that helps supplement the earnings of low-income workers.
Increase to the Guaranteed Income Supplement Top-up Benefit
The increase to the Guaranteed Income Supplement top-up is helping to improve the financial security of close to 900,000 vulnerable seniors.
National Housing Strategy
Canada's first National Housing Strategy is a 10-year, $55+ billion plan that will give more Canadians a place to call home by removing 530,000 families from housing need.
For the complete list of investments that support poverty reduction, please consult Annex 2: List of government initiatives that support poverty reduction.
- Canada's Poverty Reduction Strategy: Growing the Middle Class
- Poverty reduction in Canada will remain a priority in the years to come
- Canada reaches lowest poverty rate in history
- Canada's first poverty reduction target met three years ahead of schedule
- Government of Canada introduces legislation to take concrete action to reduce poverty in Canada
- Government of Canada launches first Poverty Reduction Strategy
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