Economy

Jeff Chiu/AP

Is The Gig Economy Hurting Public Transit?

To some, it's the shared economy disrupting the old business models. To others, it's the gig economy that denies workers full-time hours and a living wage. Regardless of its name, the new economy is disrupting more than the established business norms. It is forcing grown-ups to live with their parents and is likely causing the decline in public transit ridership.
Canada, a G7 country, boasts one of the world's largest economies, ranking 11th in the world by GDP. The country's focus in recent years on resource extraction has had both its good points and bad; good, because high energy and commodity prices kept Canada's economy humming during the economic downturn of recent years; bad, because resource extraction brings with it environmental controversy, such as the one surrounding the Keystone XL Pipeline. How Canada resolves these tensions, and builds an economy for the 21st century, is among the central questions facing the country.