Ontario's inequality situation is "dramatically worse" than Canada's as a whole.
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We need to dismantle welfare and replace it with a better and more dignified form of income support.
Rising inequality may be a byproduct of big cities' economic success, says a new report.
Looking for a big paycheque? Atlantic Canada is not for you.
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The share of Canadians living in poverty also increased.
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Almost 40 per cent of adult Canadians (over 10 million people) experienced moderate to high levels of income volatility over the past year. Approximately 3.3 million of these Canadians actually saw their monthly income fluctuate by 25 per cent or more.
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Global examples demonstrate there is no single solution. We are left with two fundamental questions: Is it possible to measure success in promoting inclusive growth? And will that convince policymakers and citizens alike that inclusive growth is worth the investment?
The Brad Wall government had some difficult choices to make. It could have asked the rich to pay a little more. Instead, it told the poor to pay a lot more. Though this budget may help reduce the provincial deficit, it will be bad for poverty and for the long-term health of the Saskatchewan economy.
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We shouldn't fear new tech, but we should be prepared for its negative aspects, Carolyn Wilkins says.
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Canada is fortunate to not have an economic growth problem. But it does have a wealth distribution problem. Compared to other wealthy but more equal countries like Finland or oil-rich Norway, it spends a lot to manage the impacts of inequality while doing little to prevent it.
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They’re rising in some other sectors, but not like they used to.
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doctors pushing for job action continually draw a link between a new physician contract and improved patient care, a link that is tenuous at best and a sly marketing tool at worst. A physician contract is about physician income. If doctors take job action, it will be to increase the amount they are paid by tax payers.
More and more I hear Canadians making mean and disparaging comments about those who disagree or have different points of view. I also hear racist remarks, which is terribly distressing. It's not who we are as a nation. Some of the things said after the shooting at the Mosque in Quebec made me feel like I was at a Trump rally. And I'm not ashamed, or afraid, to say I don't like it.
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It is clear that people around the world are angry and disillusioned with the global economy. Growing inequality has left much of humanity struggling to make ends meet while the richest one per cent continues to profit. This rampant inequality is a sure sign our economic model is broken.
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The combination of four factors, globalization, outsourcing, automaton, and the increasing adaptation and use of artificial intelligence is taking a growing toll on the low-income and middle-class sections of the society in developed countries, which is prompting the debate for the introduction of universal basic income.
"... the playing field is a good deal stickier than it appears."
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"This is not a report about the rich and the poor. It's about the super-rich and the rest of us."
On December 7th, Premier Wynne was joined by four of her cabinet colleagues for an announcement about a unique agreement for "Community Benefits" for the Eglinton Crosstown transit project. The room was crowded with representatives from Metrolinx, the builder, community groups and unions.
As the weeks close in before the release of the next federal budget, we need to get out our loudspeakers and make sure this government hears us clearly: we want an economic model that works for women.
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An economist says the problem lies with how CEOs earn this money, and how they're taxed.
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We've lost those we've never heard of and those we worshipped from afar. The famous and the
infamous. Those whose poetry and music and performances and stories and athletic prowess and acts of heroism and sacrifice we admired. We counted on them to help us get through the trials and tribulations of our lives.
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That brings their total worth up to $4.4 trillion.
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StatsCan says inequality “rose sharply” between 1988 and 2007.
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For many Canadians, the outcome of the United States election has been a shock. Trump's campaign, as inarticulate and venal as it was, tapped into important and deeply rooted realities, realities that may contain lessons for Canada too. Does Canada need to worry about the same festering malaise that has become so dramatically evident in the U.S.?
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An ever-larger share of Canadians are working in below-average wage jobs, CIBC says.
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Many Western countries have followed a policy of neoliberalism for the last few decades. A combination of privatization, deregulation including financial deregulation, free trade and globalization characterize neoliberalism. Neoliberalism has been a boon for global economic growth; both developed and developing countries have benefited from neoliberalism in terms of high economic growth.
It's been far too long since social assistance rates have been viewed through the lens of whether anyone can actually survive with dignity on them. Under Mike Harris's "Common Sense Revolution," social assistance rates were slashed by 21.6 per cent based on no criteria other than that government should spend less, that people deserved less, and that this approach would resonate with the public.
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Since launching Oxfam's campaign on women and work last week, we've received all kinds of questions and comments about whether women are really being shortchanged by the global economy. Some suggest that gender inequality doesn't exist here in Canada, only in poor countries.
Reading between the lines of its public messaging, the McNeil Liberals seem to think that budgetary deficits hamper economic growth, that the provincial debt-load will crush future generations of Nova Scotians and that one potent method of slaying the deficit is to freeze public sector employee compensation. Is this true?
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With almost one out of four American children living in poverty, many of whom end up dropping out of high school, we should focus on finding a solution for them, their families, and the good of the economy. A safety net provided by the government is necessary in order to reach those that the market cannot or is not interested in.
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Rising inequality could explain the Rob Ford phenomenon.
It must be a struggle, having to listen to scary words you don't like from little people you don't respect. Almost like you don't think you should have to listen, by virtue of your hard-won experience of giving up on anything but the bottom line, and wish that all of us employee-children would just be quiet and respect you.