BI in the News

Robert Reich, ex-Clinton cabinet secretary, warns Canada following U.S.'s inequality path

Canada is “moving towards exactly the same degree of income and wealth inequality” as the United States, says a former cabinet secretary in the administration of President Bill Clinton.

Robert Reich, who served as Clinton’s secretary of labour from 1993 to 1997 and now teaches economics at UC-Berkeley, told a Toronto crowd last Thursday that Canadians are deluding themselves if they believe the inequality problem doesn’t exist north of the border.

Reich’s comments come as a new study from TD Bank warns that Canada is at risk of seeing further growth in income and wealth...

Robert Reich and the fight against inequality

By David Olive / The Toronto Star

“Sustained and growing prosperity for everyone in a society depends on government investment in people — in education, health care, infrastructure and basic R&D,” says Robert Reich. “That’s what creates first-class human and other essential assets.”

The renowned economist and counsellor to four U.S.

...

Ed Broadbent reflects on the child-poverty pledge of 1989

By Marco Chown Oved / The Toronto Star

It was the twilight of his storied political career and Ed Broadbent wanted to send Canada on a historic mission: to eradicate child poverty by 2000.
 
After days of backroom negotiations in November 1989, he rose in the House of Commons to deliver his last speech as leader of the NDP. It
...

Harper supporters avoiding special tax scrutiny: Broadbent Institute

David Akin / QMI Agency

OTTAWA — A left-leaning think-tank says right-leaning charities haven't been subjected to the same scrutiny of their political activities as have opponents of the Stephen Harper government.

The Broadbent Institute, an Ottawa-based group named in honour of former NDP leader Ed Broadbent, says its study...

Revenue Canada's political activity audits biased, think-tank says

Dean Beeby / CBC

The Broadbent Institute is calling for an independent probe of the Canada Revenue Agency, saying tax auditors are targeting critics of the Harper government while letting right-leaning groups off the hook.

The self-style "progressive" think-tank released a research...

Broadbent Institute raises new questions about bias in tax audits

The Canadian Press

OTTAWA — A left-leaning think tank is raising new questions about the possibility of political interference in audits of charities.

The Broadbent Institute says a review of financial records from 10 right-leaning organizations show none of them report carrying out any political activities despite public statements which could be interpreted otherwise.

Yet...

North-South Institute: We've lost a Canadian asset

Ed Broadbent, Paul Martin, Joe Clark and Joseph Ingram / The Globe and Mail

The recent closing of the North-South Institute as a result of discontinued federal government funding is a loss both for Canada and for the global community.

The daily dose of news – Ebola in West Africa, the rising incidence of terrorism in the Middle East and Africa, the millions of immigrants and refugees fleeing bad governance and poverty – is...

Harper’s economic record anything but good, a myth dispelled with facts

Lana Payne / The Telegram

As Stephen Harper clings to the myth of being a good economic manager, more and more evidence indicates that Canada’s Conservative government has little to write home about.

In fact, their economic record is less than “good” even taking into account the global financial crisis of 2008-09.

...

10% of Canadians hold half the wealth, report shows

Mia Rabson / Winnipeg Free Press

Nearly half the wealth in Canada sits in the hands of just 10 per cent of the people, a new report from the Broadbent Institute said Thursday.

Haves and Have Nots: Deep and Persistent Wealth Inequality in Canada uses data the Broadbent Institute purchased from Statistics Canada's survey of financial security, which was released last February.

Rick Smith, executive director of the Broadbent...

Rich getting richer & poor getting poorer, Broadbent Institute data shows

CBC News

The gap between people at the top of Canada's wealth pyramid and those at the bottom is widening and showing no signs of stopping, a major left-leaning think-tank says.

In a report out Thursday, the Broadbent Institute looked at the most recent Statistics Canada data on wealth levels of Canadians. The data agency typically divides the country into five groups of 20 per cent of the population, known as "...

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