Thank you.
On August 21, the government released “Opportunity for All—Canada's First Poverty Reduction Strategy”. This strategy sets concrete targets for poverty reduction by 2020, reducing the poverty rate by 20% from its 2015 level, and reducing the poverty rate by 50% from its 2015 level by 2030. This aligns with United Nations sustainable development goal to eliminate poverty. Meeting these targets will lead to the lowest poverty rate in Canada's history, reducing the number of Canadians living in poverty to one in 10—or about 10%—by 2020, and one in 17 by 2030—a target of 6%. That means lifting approximately 2.1 million Canadians out of poverty by 2030.
The poverty reduction targets are being proposed to be put into law to cement a federal commitment to poverty reduction.