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.Read more
TORONTO—The Broadbent Institute’s Progress Gala is shining the light on the issue of our time with tonight's keynote address on inequality by former Clinton Secretary of Labor Robert Reich.Read more
Columnist Andrew Coyne is a huge fan of the Conservative government's new income splitting proposal. It's in the interest of fairness, you see. Single-earner couples, so his logic goes, aren't getting a fair shake in being taxed more than their dual-earner couple counterparts with the same total income.
By now, however, we are familiar with some of the patently unfair aspects of the Conservative scheme. There's the fact that the tax giveaway stands to exclude single parent families that need the most help. Or that even with the $2,000 cap, benefits from income splitting will accrue disproportionately to wealthy single-earner families.Read more
OTTAWA—The Conservative government's new tax package is a throwback to an earlier era that stands to deepen inequality and will do little to alleviate child care costs, the Broadbent Institute says.Read more
OTTAWA—The Broadbent Institute is pleased to announce that Hugh Segal, Master of Massey College at the University of Toronto, will be interviewing renowned economist and author Robert Reich following Reich's keynote address at the Institute's second annual Progress Gala in November in Toronto.Read more
Leader of the Opposition Thomas Mulcair has launched a new round of debate over the need for a national child care and early learning program. The NDP poposal would help the provinces to finance quality, affordable child care systems, delivered by regulated providers in place of the current patchwork quilt of formal and informal care of varying price and quality.Read more
Best-selling author Thomas Piketty argues in his book, Capital in the Twenty First Century, that inequality is set to return to the extreme levels of the “Gilded Age” of the late nineteenth century when very large shares of income and wealth were concentrated in the hands of the super rich. And he is far from alone.
In a gloomy long-term prognostication, Policy Challenges for the Next Fifty Years, the OECD, the major think-tank of the advanced economies, anticipates that the incomes of those at the top will continue to grow much more rapidly than those at the middle and bottom.Read more
This week, the Wellesley Institute published The Colour Coded Labour Market By The Numbers: A National Household Survey Analysis.
What the report sought to do was look at racialized labour market data in Ontario and compare it to previous work done using 2006 Census data, to see how the trends in the labour experience of racialized Ontarians have changed over time.Read more