quickfix

Globe and Mail » Shrinking middle class makes Toronto a city of socioeconomic extremes:
“Toronto is becoming a city of stark economic extremes as its middle class is hollowed out and replaced by a bipolar city of the rich and poor – one whose lines are drawn neighbourhood by neighbourhood.

New numbers indicate a 35-year trend toward economic polarization is growing more pronounced: The country’s economic engine, which has long claimed to be one of the most diverse cities in the world, is increasingly comprised of downtown-centred high-income residents – most living near subway lines – and a concentration of low-income families in less dense, service- and transit-starved inner suburbs. […]

It also seems to contradict Toronto’s most prized mottos – “Diversity our strength” and “The city that works.” Neither of those rings true any more: Toronto’s diversity is becoming balkanized, turning it into a weakness where it could otherwise act to the city’s advantage. The creation of economically polarized pockets of high- and low-income residents means Toronto simply won’t “work” as a municipal entity.”