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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (34180)	8/22/2021 1:30:17 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 97599

Over the 19-year period, 87 per cent of Canadians initially in the bottom income group moved to a higher group. Put differently, almost nine out of every 10 Canadians who started in the bottom 20 per cent had moved out of low-income. Of those from the bottom 20 per cent in 1990 that moved up, an almost equal proportion moved into each of the four higher groups. Remarkably, two of every five Canadians in the bottom income group in 1990 ended up in the top 40 per cent of income earners by 2009. These findings are consistent with other research based on Statistics Canada data. And a growing body of research shows that Canadian families are financially mobile over generations.