Canadian incomes flatlined; poverty unchanged

Statistics Canada released 2008 income data for Canadians and finds median after-tax family incomes were flatlined and the number of families living in poverty remained virtually unchanged compared to the year before. Striking findings, considering most of 2008 represented an economic growth period for Canada -- until the worldwide recession spilled into our border in the Fall of that year. Since our national statistical agency is always two years behind in reporting Canada’s income data, the reality that has unfolded for many Canadians living in poverty since recession hit here has yet to show up in the numbers. The 2009 income data, to be released next year, will tell the story of recession's impact on Canadians. View the Statistics Canada report at this link: http://www.statcan.gc.ca/daily-quotidien/100617/dq100617c-eng.htm.