Economic inequality, the uneven distribution of income and wealth, is one of the critical challenges of our time. The surge in inequality in Canada, which occurred primarily in the 1990s, remains at high levels today.
This dismal situation translates into less opportunity and social mobility, and is having a corrosive effect on everything from health outcomes to social cohesion and the functioning of our democracy. This is not the society Canadians want, yet successive governments have enabled it through dismantling parts of our social safety net, eroding progressive taxation, and introducing policies that weaken unions and hurt working Canadians.
To reverse the trend, progressives must demand public policies that focus on shared prosperity.