Financial, market and economic news

Statement by the Prime Minister on the International Day for the Eradication of Poverty

OTTAWA, ON, Oct. 17, 2020 /CNW/ – The Prime Minister, Justin Trudeau, today issued the following statement on the International Day for the Eradication of Poverty:

“Today, on the International Day for the Eradication of Poverty, we reflect on the progress we have made – and the work that remains – to end poverty here in Canada and around the world.

“Everyone deserves a real and fair chance to succeed, and that is why the Poverty Reduction Strategy is a core priority for the Government of Canada. Since 2015, we’ve introduced the Canada Child Benefit (CCB) to help families with the cost of raising children, increased the Guaranteed Income Supplement (GIS) to support the lowest income single seniors, and cut taxes to help people make ends meet. We’ve also helped more than one million families find a safe and affordable place to call home, through investments of more than $20 billion in housing. Through these and many other actions, we were able to help lift more than one million Canadians out of poverty between 2015 and 2018. But we know that we have to do more.

“The global COVID-19 pandemic’s economic impacts have put this progress at risk everywhere. Worldwide, the equivalent of 500 million jobs have been lost and up to 150 million people could fall …

Full story available on Benzinga.com

Read More

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. AcceptRead More

Privacy & Cookies Policy