Canada Income Gap

Fixing Income Inequality in Canada

David R. Miller | Posted 08.04.2013 | Canada Politics
David R. Miller

The economic collapse of 2008 changed much in our world, and it had a devastating impact on many people at home and abroad. But one of the few silver linings is the spotlight that it put on an economic trend that was poised to create lasting damage in Canada: income inequality.

What's Going On With Canada's One Per Cent?

The Huffington Post Canada | Posted 01.28.2013 | Canada Business

The gap between Canada’s wealthiest earners and everyone else has been growing steadily over the past three decades, Statistics Canada says in a new...

Rachel Mendleson

Tax The Rich? Taxes Aren’t The Problem, Inequality Guru Says

HuffingtonPost.com | Rachel Mendleson | Posted 05.05.2012 | Canada Business

Raising taxes on the rich is often touted as an effective way to narrow Canada’s growing income gap. But according to one of the world’s most pree...

Canada Risks Becoming More Violent, Anti-Social: Inequality Expert

The Huffington Post Canada | Posted 05.04.2012 | Canada Business

Canada risks becoming a more violent and anti-social place if it allows income inequality to worsen, one of the world’s leading experts on the subje...

Rachel Mendleson

On Inequality, Montreal Doesn't Hold A Candle To Toronto, Vancouver

HuffingtonPost.com | Rachel Mendleson | Posted 04.12.2012 | Canada Business

Montreal has seen its middle class neighbourhoods shrink as industrial jobs disappear, but economic segregation is worsening at a slower pace than in ...

Rachel Mendleson

Left-Wing Or Right, Canadians Agree This Is A Problem

HuffingtonPost.com | Rachel Mendleson | Posted 04.10.2012 | Canada Business

The vast majority of Canadians are concerned about the growing gap between rich and poor, and are willing to pay higher taxes to fight it, a new poll ...

Globalization, Tech To Blame For Income Gap: Bank Of Canada Deputy

CP | Posted 03.12.2012 | Canada Business

OTTAWA -- The Bank of Canada's second in command says globalization, along with technological change, has been a major driver of rising inequality wit...

Will Tuition Hikes Widen Canada’s Wage Gap?

The Huffington Post Canada | Miles Kenyon and Sarah Mateshaytis, with Jane Caulfield | Posted 03.03.2012 | Canada Business

This feature was produced by Miles Kenyon and Sarah Mateshaytis, with Jane Caulfied, students in the School of Journalism at the University of King's ...

Rachel Mendleson

Everyone Talks About The Income Gap, But This Group Is Doing Something About It

HuffingtonPost.com | Rachel Mendleson | Posted 02.11.2012 | Canada Business

It’s one thing to admit you have a problem, but quite another to endeavour to solve it. Such was the formidable challenge facing a panel of 44 ra...

Rachel Mendleson

Ottawa's Austerity Program May Widen Wage Gap, Study Suggests

HuffingtonPost.com | Rachel Mendleson | Posted 02.02.2012 | Canada Business

As debate about income inequality mounts, a new study underscores how important public investment in social programs like education and health care is...

Toronto's Cabbagetown A Striking Symbol Of Disappearing Middle Class

The Huffington Post Canada | Daniela Costa | Posted 01.22.2012 | Canada Business

This feature was produced by Daniela Costa, a student in Ryerson University's School of Journalism, in partnership with The Huffington Post Canada. ...

Canadians Unsure Who To Blame For Growing Income Gap: Poll

CBC | Posted 03.20.2012 | Canada Business

Canadians continue to believe there's a significant income gap between the rich and the poor in their country, a new poll suggests. ...

Rachel Mendleson

As Wages Stagnate, Canada's CEOs See Huge Jump In Pay

HuffingtonPost.com | Rachel Mendleson | Posted 01.03.2012 | Canada Business

As debate about Canada’s rich-poor divide intensifies, a new report highlights the growing income gap between top-paid CEOs and average Canadians. ...

Calgary Construction Worker Homeless No More -- Thanks To Contest

CBC | Posted 02.19.2012 | Canada Business

For months, construction worker Dan White would put in a long day at his full-time job, only to have no place to go home to. ...

Rachel Mendleson

The Decline Of Unions: Has Canada Passed A Point Of No Return?

HuffingtonPost.com | Rachel Mendleson | Posted 02.03.2012 | Canada Business

ST. THOMAS, Ont. — If there is any doubt that the erosion of unions could be contributing to the decline of the middle class — and, by extension, ...

Canada's Income Gap Hits Record High: OECD

CP | Craig Wong, The Canadian Press | Posted 02.04.2012 | Canada Business

...

GRAPHIC: Which Canadian Cities Are Seeing The Fastest Ghettoization?

The Huffington Post Canada | Daniel Tencer | Posted 12.05.2011 | Canada Business

Calgary has seen a nearly 90 per cent increase in the wealth difference between its richest and poorest neighbourhoods over the past quarter century, ...

Rachel Mendleson

Calgary’s Energy Boom Masks A Growing Wealth Gap

HuffingtonPost.com | Rachel Mendleson | Posted 08.07.2012 | Canada Business

CALGARY and TORONTO -- Sipping coffee in a spacious Calgary bungalow, Sandra Horley is a long way from home. The single mother of two lives in Forest ...

Michael Bolen

Mind The Taxation Gap: How Trickle-Down Economics Are Reshaping Canada

HuffingtonPost.com | Michael Bolen | Posted 01.27.2013 | Canada Business

NDP leadership hopeful Brian Topp launched the latest salvo in the clash between rich and poor Monday. Declaring growing income inequality to be today...

Rachel Mendleson

Income Inequality And Mortality Rates: A Dramatic Correlation

HuffingtonPost.com | Rachel Mendleson | Posted 11.28.2011 | Canada Business

UPDATE: A new study from the city of Montreal provides mounting evidence of the link between income inequality and life expectancy. The study, rele...

Housing Bubble Or Not? HuffPost Readers Debate State Of Canada's Housing Market

The Huffington Post Canada | Daniel Tencer | Posted 11.22.2011 | Canada Business

If the public reaction to The Huffington Post Canada’s report on income inequality and housing prices is anything to go by, Canadians are growing wo...

Rachel Mendleson

How Canada's Income Disparity Is Raising Home Prices For Rich, Poor Alike

HuffingtonPost.com | Rachel Mendleson | Posted 08.07.2012 | Canada Business

This is the first installment of The Huffington Post Canada's new series Mind The Gap, exploring the growing rich-poor divide in the Great White North...

Daniel Tencer

The Huffington Post Canada Gets Serious About Income Inequality

HuffingtonPost.com | Daniel Tencer | Posted 11.21.2011 | Canada Business

“The rich get richer, and the poor get poorer.” That old adage may be the simplest way to explain income inequality. We’ve all heard it. But ...

Canada's Rich Get Poorer, Income Gap Still Looms Large

CP | Heather Scoffield, The Canadian Press | Posted 09.07.2012 | Canada Politics

OTTAWA - New data shows the richest of the rich actually got relatively poorer in Canada during the recession, while the other 99 per cent made some g...

Income Gap In Canada Widens

CBC | CBC | Posted 09.12.2011 | Canada

The income gap between rich and poor in Canada widened in the period from 1993 to 2009, the Conference Board of Canada reported Wednesday. The richest Canadians increased their share of total national income while the poor and those with middle incomes saw their portions shrink, according to the board's analysis, entitled "How Canada Performs." Incomes of the poor increased marginally in the period, it said, but the gap between rich and poor widened. The average income of the poorest Canadians rose from $12,400 in 1976 to $14,500 in 2009. However, the gap between the real average income of the richest 20 per cent of Canadians and the poorest 20 per cent widened from $92,300 in 1976 to $117,500 in 2009. "While the poor are minimally better off in an absolute sense, they are significantly worse off in a relative sense," said board CEO Anne Golden in a release. "High inequality raises two questions. First, what is the impact on the economic well-being of a country? The answer is that high inequality can diminish economic growth if it means that the country is not fully using the skills and capabilities of all its citizens or if it undermines social cohesion, leading to increased social tensions." "Second, high inequality raises a moral question about fairness and social justice." The analysis found that Canadians in general are better off than they were a generation ago. The average income in 1976 was $51,100. By 2009, it had increased by 17 per cent to $59,700, even after adjusting for inflation. But using the measure of median income, which divides the sample into two equal parts and better reflects how the majority of people are doing, the growth was only 5.5 per cent. Another measure, the Gini index, suggests how the income gap has grown from 1993 to 2008. The index number corresponds to the percentage share of total income that would need to be redistributed to achieve exact income equality, from 0 to one. (Zero means everyone has the same income and one means one person has all the earnings.) Canada's 2009 Gini index of 0.32 meant that 32 per cent of the country's national income would need to be redistributed in order to have complete equality of income. The pattern of inequality growth throughout the past three decades has been uneven, the board said. Poverty among elderly rises The income gap narrowed in the 1980s, with the Gini index reaching a low of 0.28 in 1989, but remained around 0.32 in the 2000s. The study found inequality is rising worldwide, but that two countries most similar with Canada in terms of per capita income had narrower gaps. Austria's was 0.265 and Denmark's was 0.232. The board found that every province except Ontario reduced its share of the population living in low income in the period. "Recent data, however, indicates that income inequality rose during and after the recession," it said. "Between 2007 and 2009, seven out of ten provinces experienced a rise in their low-income rates -- Prince Edward Island, Saskatchewan, and New Brunswick were the exceptions. The largest jump occurred in Alberta, where the low-income rate rose from 6.6 per cent to 9.9 per cent." The study concluded poverty among the elderly, especially women, has risen since the mid-1990s, following a dramatic drop over 20 years. Between 2006 and 2009, the number of low-income seniors rose by almost nearly 128,000, with 70 per cent of those being women. The income gap between rich and poor in Canada widened in the period from 1993 to 2009, the Conference Board of Canada reported Wednesday.