Posted into the provincial thread, but relevant to this:
Something everyone knows by now- jobs are being made in Ontario- but many aren't high quality jobs- this loss in income compounded with the higher costs of living (auto insurance, electricity, housing, etc.) is a huge issue that's leading to the decline of many Ontario towns and the Toronto peripheries:
Canadian incomes jump but Ontario residents hit by manufacturing downturn: Statistics Canada
Ontario bucks national trend with sluggish income growth and more low-income households, census data shows.https://www.thestar.com/news/canada/2017/09/13/canadian-incomes-jump-but-ontario-residents-hit-by-manufacturing-downturn-statistics-canada.htmlBut the story is not so rosy in Ontario, where the downturn in the manufacturing sector slowed income growth and the proportion of low-income residents has been on the rise.
The median income in Ontario was $74,287 in 2015, up just 3.8 per cent over the last decade, the slowest growth of any province or territory over the last decade.
That’s attributed to the gutting of the manufacturing sector and the loss of 318,000 jobs, down 30 per cent over the last decade,
Almost every metropolitan centre in Ontario saw below average income growth, compared to the booming Prairies, where incomes rose above average. The Greater Toronto Area had a median income of $78,373 in 2015, up 3.3 per cent. In the GTA, Oakville had the highest median income at $113,666. The City of Toronto had the lowest at $65,829.
The last decade has also seen a rise in low-income rates in Ontario’s urban centres, led by London (17 per cent, up from 13 per cent) and Windsor (17.5 per cent, from 14 per cent).
In 2015, 14.4 per cent of Ontario residents — some 1.9 million people — were low income, up from 12.9 per cent in 2005.