MONTREAL— Quebecers greatly underestimate the wealth gap in Quebec and would prefer a much more balanced distribution of wealth. These findings are the key takeaways from the first nationwide survey that asked Canadians from all provinces how they think wealth is distributed and what they think would be the ideal distribution.
Posted by Ellen Russell and Mathieu Dufour · September 07, 2015 8:30 AM
The current federal election is being fought against a backdrop of deepening inequality and the social problems that accompany it. Promises to “make things better” will no doubt be uttered throughout the campaign.
As we mark another labour day, it is important to remain discerning of the policies on offer.
Few Canadian economic debates are as long-standing and as predictable as that over the pros and cons of raising the minimum wage. Progressives call for a higher wage floor to combat inequality, low pay and poverty. But employers and the political right generally argue that a decent minimum wage comes at the cost of jobs, and harms those it is intended to protect.
Posted by Arla Good and Kosha Bramesfield · June 08, 2015 10:49 AM
“You can do anything you put your mind to” is a message that has been instilled in the minds of North Americans.
People are taught that if they work hard enough, anyone can succeed. This is why many people believe in equality and fairness as forces that shape our economic system and tend to overlook the power of systemic factors like racial discrimination or class barriers in economic inequality.
Posted by NationBuilder Support · April 21, 2015 12:34 PM
OTTAWA—The 2015-16 federal budget contains costly measures that will exacerbate economic inequality and see billions flow to Canada’s wealthiest families while leaving the majority of Canadians with no benefit at all, says the Broadbent Institute.
Over the past 20 years, income inequality has been growing faster in Canada than in other similar countries. During this period about one third of all income growth has gone to the top 1%, leaving precious little to be shared among the remaining 99%. We know the inequality problem all too well, but what is the answer to addressing it?
There seem to be three main pillars that provide effective solutions: progressive taxation, a robust safety net, and ensuring fairness in the workplace. This third pillar includes raising the minimum wage in a transparent and predictable manner, improving associated employment standards legislation, and generally making sure labour laws have kept pace with what’s happening in workplaces across the country.
In a recent feature interview with Amanda Lang, host of CBC's The Exchange with Amanda Lang, Broadbent Institute Chair Ed Broadbent spoke about inequality, politics, government, social democracy and more.
Posted by NationBuilder Support · February 24, 2015 4:00 AM
OTTAWA—The existing Tax-Free Savings Account scheme is projected to cost the federal government up to $15.5 billion annually when it matures, and doubling the contribution limits would shift additional billions from tax revenues into the pockets of the already well-off, a new Broadbent Institute study has found.
OTTAWA — B.C. experienced the worst income growth — in fact, incomes declined — of any province in Canada during the 2006-12 period, according to an analysis of Statistics Canada data by an Ottawa think-tank.