Wealth and Income Inequality in Toronto, Ontario

Toronto is a cosmopolitan city with incredible diversity – it is home to nearly all of the world cultures! For that reason, you are bound to find your niche here. Toronto’s diversity also extends to its food scene, with thousand of restaurants serving different cuisines all over the city. One downside to moving to Toronto is the cost of living; housing can get quite expensive. Further, the income and sales tax rates are higher in Toronto/Ontario than in many parts of Canada.

To know Toronto is to know the diversity of cultures and religions, or at least become apt in an open, possibly never-ending, understanding of multiple groups. However, if know the fundamentals of the modern city Toronto, they simply know that there is a tenacity and ambitiousness with the people; everyone strives to know and be open to more and more knowledge. Other than the perseverance of Torontonians, as we like to call ourselves (we have a knack for dramatic flare), the not-so-simple truth know are those who are struck with poverty and inherently very low-income are high in number – which, ironically, goes hand-in-hand with the determination of others.