Excerpt:
Canadians’ ability to move up the economic ladder varies widely by province, but according to a recent study from the Montreal Economic Institute, no provinces were worth celebrating.
The MEI ranked each province based on various determinants of social mobility to gain insight into which province best allowed one to climb up the socio-economic ladder.
However, not a single province met the 60 per cent mark.
“Social mobility is what makes the difference between having agency in moving up the income ladder, or being stuck in inherited poverty,” said MEI associate researcher Justin Callais and co-author of the report.
“While some barriers are not directly linked to government policies, many are, and we hope governments will use this ranking as a guide on how to improve their score.”
Callais, who is also chief economist at the Archbridge Institute, said that these barriers can be divided into two streams: natural and artificial.
Read the full article at Juno News.
Read Barriers to Social Mobility Across Canada here.
Juno News
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