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Income inequality

Canada’s Income and Wealth Gap is Worse Than Ever 

on October 16th, 2024 by The Afro News

The latest data on income inequality and wealth paint a clear picture: the gap between the richest and poorest is growing New data out of Statistics Canada this month tells us what many Canadians already guessed: the rich are getting richer and the poor are getting poorer.   The latest report on incomes and wealth

Filed under: Business, Canadian News, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: Income inequality, Statistics Canada, wealth

Rich Canadians Walked Away from The Pandemic Much, Much Richer  

on December 4th, 2023 by The Afro News

Income inequality soars as rich Canadians get richer  A hundred Canadians are standing in a room together, with $100 on a table. They’re figuring out how to divide the money.  In this thought experiment, that $100 represents all of the income earned by all Canadians in 2021 – a year into the pandemic, when governments

Filed under: Business, Canadian News, Familly Matters, Finance, Opinion/Comment, Point of View, The Bridge Tagged as: capital gains, Income inequality, rich Canadians

Reality Check: CEO Pay is out of Control in Canada

on January 12th, 2023 by The Afro News

The CEO-to-worker pay gap is now 243 times more than the average worker’s pay You could call it the breakfast of champions: by 9:43 a.m. on January 3, the average best-paid 100 Canadian CEOs already made $58,800 – that’s what the average Canadian worker will toil to earn in an entire year. High-rolling CEOs’ pay

Filed under: Business, Canadian News, Finance, Point of View, The Bridge Tagged as: Income inequality, tax fairness

The TPP is simply a Corporate Bill of Rights

on February 8th, 2016 by The Afro News

Most of the governments involved have no real idea how they will be affected by the Trans Pacific Partnership Twelve governments, including Canada’s newly elected Liberal government, will gather in New Zealand on February 4th to sign the Trans Pacific Partnership, the TPP. Meanwhile people around the world are mobilizing to stop the agreement from

Filed under: Business, International News, Point of View, The Bridge Tagged as: Corporate Bill, Environmental protection, Income inequality, labour rights, NAFTA, TPP, trade

Income Inequality in Canada

on August 3rd, 2015 by The Afro News

If we look at individuals rather than families, income inequality has, in fact, declined a bit since the early 1980s You can hardly find a current affairs magazine, newspaper or television program that has not dealt with income inequality recently. In December 2013, U.S. President Barack Obama called America’s growing income gap “the defining challenge

Filed under: Point of View Tagged as: Canada, Chris Sarlo, income gap, Income inequality

Income inequality must be addressed

on November 16th, 2012 by The Afro News

Income inequality is a key issue for Canada. We cannot assume that prosperity will be fairly shared and we cannot take prosperity itself for granted. We have to avoid the mistakes of the extreme right and the extreme left and we have to come up with practical proposals that will make a difference to ordinary people and ensure that our prosperity is fairly, deeply and widely shared.

Filed under: Letter to the Editor Tagged as: Income inequality
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