Canadians can challenge income inequality: new Broadbent Institute paper
OTTAWA—Launching the next phase of its Equality Project, the Broadbent Institute has released a new discussion paper, “Towards a More Equal Canada”, which analyses the causes of, and proposes solutions to, income inequality. The paper follows the springtime publication of a Broadbent Institute-commissioned Environics poll on income inequality that shows Canadians overwhelmingly support taking action to alleviate our growing inequality problem.
“What kind of Canada do we want to live in? What kind of Canada do we want to leave to the next generation?” asked Broadbent Institute founder Ed Broadbent. “The current rise of extreme income inequality must now be reversed. Canadians need to take action, and demand that their governments take action on income inequality.”
The Environics poll conducted earlier this year shows that Canadians are ready to challenge income inequality: 77% believe that income inequality is a major problem for Canada, and a clear majority – including a majority of Conservative voters – are willing to protect our social programs, even if it means paying higher taxes. 9 out of 10 respondents agreed that reducing income inequality should be a priority for the federal government.
“Drafted in consultation with some of Canada’s leading thinkers and policy experts, I hope that this paper will stimulate a serious national discussion on extreme income inequality, and what to do about it,” added Broadbent. “We are facing a serious and growing inequality problem, and the time is now to re-balance our priorities.”
In the coming weeks, the Broadbent Institute will release a series of responses to this paper written by a number of prominent Canadians from across the political spectrum.