This report estimates the price of inaction. Regardless of the strategy used to address poverty, it asks, “What does it cost us to allow poverty to persist in Toronto?” It estimates how much more we may be spending in the health care and justice systems simply because poverty exists, and how much we lose in tax revenue, simply because poverty exists.

This preliminary analysis conservatively estimates that the overall cost of poverty in Toronto ranges from $4.4 to $5.5 billion per year. This estimate is largely comparable, with the exception of intergenerational costs, with estimates of the cost of poverty in Ontario at $32 to $38 billion and for Canada at $72 to $85 billion