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Yes, this is true - a short article with more data on Canada goes a little deeper:

http://www.statcan.gc.ca/pub/11-626-x/11-626-x2016059-eng.ht...

The rich stay rich, more than the poor stay poor (in Canada).

But the number is about [relative change in income across] the population - if most people are poor (which they are) high mobility across the population likely means poor people are moving up (or indeed getting much poorer - halving your income when you're already in the lower quartile would probably be as big a shift as doubling it - if not more).

You're right to ask for more detail, though.




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