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Globe and Mail: A tale of two Canadas: Where you grew up affects your income in adulthood

Miles Corak, University of Ottawa, income disparity, Canada, income, income inequality, geography In Canada, geography is destiny: Your financial future, to a surprisingly large degree, depends on the place in Canada where you happen to grow up.

That reality is revealed on this map and our accompanying set of interactive graphics, produced using a new analysis of millions of Canadians’ income data, the result of years of work by economist Miles Corak.

His study charts intergenerational economic mobility – that is, the chance that people who spent their childhood in that location ended up, as adults, higher on the income and economic-status ranking than their parents. If a region is bright green, there is a high chance that kids who grew up in that region will, by the time they’re in their 40s, be in a higher-income group than their parents were at the same age (wherever those offspring end up living). In the bright red areas, the majority of children grow up to have adult financial success levels similar to, or less than, their parents.

Read the full article here.

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