Beth Wilson Susan McIsaac Chair, Toronto Region Board of Trade President & CEO, United Way Toronto Closing the Prosperity Gap 4 PreFACe ToRonTo Region CoLLegeS We would like to call particular attention to the appendix and CoLLegeS onTaRio of this report and the data file that can be found at: , which provides a We are pleased to sponsor the release of the Toronto R. [...] Closing the Prosperity Gap 5 exeCutive SummAry Why The PRoSPeRiTy gaP MaTTeRS In Closing the Prosperity Gap for a Liveable City Region, the To oUR Region’S FUTURe Toronto Region Board of Trade (the Board) and United Way Toronto (UWT) find that, without business and political By most measures the Toronto region’s overall social and leadership, we will not be able to arrest these worrying economic w. [...] The worrying trends at the root of the prosperity gap are: a The liveability of the region, as well as its competitiveness decrease in the quality of new jobs, with too few being real is at stake. [...] The lack of sufficient tools to confront these challenges leads Social cohesion is also key to the region’s liveability and the to a rising sense of marginalization in these low-income advantage that comes when people and businesses choose neighbourhoods — a feeling of being left out of the region’s to locate in the Toronto region for its high quality of life. [...] sense from every resident that “we are all in this together” engenders the kind of social cohesion that enables a region • High rates of youth and newcomer unemployment and to pull in the same direction and have shared aspirations for underemployment point to major weaknesses in our ability the future.
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