Excerpt:
Every province performed poorly in a new ranking on the determining factors for social mobility, suggesting Canadians are facing significant barriers in moving up the economic ladder.
The Montreal Economic Institute’s study gave no province a grade of 60 per cent or higher, blaming burdensome regulations for making it harder for Canadians to make changes that would improve their lives.
Alberta was the strongest performer but even then faced criticism for the number of professions it regulates, the highest of any province.
Quebec finished in last, with the province notorious for its strenuous licensing requirements for fields like construction and housing.
Vincent Geloso, a senior director at MEI and one of the authors of the study, said removing occupational regulations are a “low-hanging fruit” in improving social mobility but are often overlooked.
“Let people move different sectors to different jobs, to different places. That will have a really huge effect, maybe as important in terms of effect as the massive investment that people want to do, say in education, to give more income mobility across generation,” he said in an interview with iPolitics.
Read the full article at iPolitics.
Read Barriers to Social Mobility Across Canada here.
iPolitics
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