Alexa Greig According to a United Way report released earlier this year, household income inequality is widespread across the country, but the gap between wealthy and poor households in Toronto is doubling the national pace. Between 1980 and 2005, income inequality in Toronto grew by 31 per cent compared to a 14 per cent increase…
Tag: income inequality
Bridging the Achievement Gap in Toronto’s Public Schools
Morag Humphrey With rising income inequality, neighbourhoods across Canada are becoming increasingly polarized along income lines. In Toronto, this trend has effectively divided the city into low- and high-income neighbourhoods; and it would seem that student educational achievement in these neighbourhoods is now reflecting the very same divide. Studies have shown that, in most cases, the wealth of a Toronto…
Too Big to Change: A Look at Canadian Executive Compensation
Brynne Moore A recent report released by the Canadian Centre for Policy Alternatives (CCPA) found that the compensation levels of Canada’s wealthiest 100 Chief Executive Officers (CEOs) now average about $9.2 million — each. Many of these individuals earn more in a single day than the average Canadian will earn over the course of a year. The…
Seen and Heard: Stephen Gordon on the Canadian One Percent
Margaret Campbell Since the Occupy Movement began in 2011, income inequality and the accumulation of wealth in the hands of a small group has remained a consistently newsworthy topic. Stephen Gordon, an economics professor at Laval University and one of the authors behind the economics blog Worthwhile Canadian Initiative, addressed these issues last night at…
