“The rich get richer, and the poor get poorer.” You’ve heard the saying, but is it true? Evidence suggests that, increasingly, it is. The poorest Canadians have seen their real incomes decline even as the wealthiest have made progress. An increasingly small share of people are taking up an increasingly large share of Canada’s impressive economic growth.
Why is this happening? What can be done about it? Does it even matter? These are the questions we will focus on in The Huffington Post Canada’s Mind The Gap series, which over the coming months will tackle the issue of income inequality, sometimes from unexpected perspectives. We’ll delve into the link between the income gap and our health, the cost of housing, and even our own perceptions of our own social standing. Given how all-encompassing the issue is, the way Canadians respond to these challenges — or whether we choose to react at all — will shape the future of this country for generations to come.