TORONTO—Canada’s high level of income mobility means very few Canadians remain stuck in low-income, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“The vast majority of Canadians in the lowest income group move up the income ladder over time—a mark of a dynamic economy,” said Charles Lammam, director of fiscal studies at the Fraser Institute and co-author of Measuring Income Mobility in Canada, 2016.