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Poverty leads to increased government costs in health care, policing and crime related costs, and social services. [20] In 2008, it was estimated that "federal and Ontario government are losing at least $10.4 billion to $13.1 billion a year due to poverty, a loss equal to between 10.8 to 16.6 per cent of the provincial budget". [20]
By 2008, Canada's poverty rate was among the highest of Organisation for Economic Co-operation and Development (OECD) member nations—the wealthiest countries in the world. [6] The number of people living below the official poverty line decreased substantially from 14.5% in 2015 to 10.1% in 2019, [7] and 6.4% in 2020. [4]
In 2008 Iran government report by central statistics had recommended 9.5 around million people living below poverty line. [68] As of August 2022 the Iranian economy suffered the highest inflation in 75 years; official statistics put the poverty line at 10 million tomans ($500), while the minimum wage given in the same year has been 5 million toman.
It's old and outdated, but here's why the poverty rate still matters.
In 1989, with a million children living in poverty in Canada, members of parliament voted unanimously to eliminate child poverty by the year 2000. [2] By 2013, the rate child poverty in Canada was higher than it was in 1989, and was approaching the poverty rates of the mid-1970s in spite of the growth of Canada's economy between 1981 and 2010. [2]
Poverty in America remains one of the most intense — and entrenched — social issues. Learn the actual poverty line for families of various sizes in your state.
According to Forbes, the United States tops the world in number of billionaires, with 813 as of 2024. But the fact is 37.9 million Americans, or 11.5% of the population, live in poverty,...
In February 2008, the organization was criticized in an 87-page report by the Ontario Ombudsman for mishandling of funds in the legal defence of Richard Wills. The report, A Test of Wills, explains: "Legal Aid Ontario had estimated that Mr. Wills' defence would cost $50,000. When it was done, it, in fact, cost more than a million dollars".