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125 000 $ par an et être « pauvre » : Toronto perd sa classe moyenne, dit un rapport

June 22, 2025 4 min read
Radio-Canada
125 000 $ par an et être « pauvre » : Toronto perd sa classe moyenne, dit un rapport
AI Article Summary

A report from CivicAction highlights that Toronto is losing its middle class due to the soaring housing prices. Despite earning between $40,000 and $125,000 annually, many residents struggle to find affordable housing, prompting an exodus to more affordable areas outside the city. This outmigration is fueled by the lack of single-family homes and has economic repercussions, costing the city $7.5 billion in lost GDP each year. The urban planning policies limiting the construction of low-density housing contribute to this trend.