Related
Internal Links
External Links
(Note: CBC does not endorse and is not responsible for the content of external sites - links will open in new window)
Canada's rich are getting richer while the incomes of poor people continue to stagnate in a time when the wage gap should be shrinking, a new report on the Canadian economy said Thursday.
Inequality is continuing to grow year after year in spite of the current economic boom — a period of prosperity that would traditionally see the extremes between the wealthy and the poor drawing closer together, the Canadian Centre for Policy Alternatives said in the study.
The Ottawa-based independent research institute's report, titled The Rich and the Rest of Us, says it has been 30 years since the wealthy and the poor were so far divided in how much they earn. What's more, the share of overall income going to 80 per cent of Canadian families is less than it was a generation ago.
Armine Yalnizyan, the author of the study, said most Canadians are not participating in the economic gains they are helping to create "and that is simply not an economic recipe for future economic success."
The centre commissioned Statistics Canada to analyze the economic health of families raising children under 18 years of age — roughly half of all Canadians. Based on reviewing labour income data, the centre found that on average, Canadian families were putting in 200 more hours a year on the job in 2004 than they did in 1996.
That's a far cry from the situation the nation's economic elite are in, Yalnizyan said.
"The top 10 per cent is the only group that has not worked more weeks or more hours than they worked a generation ago," she said. "Everyone else is working more and they're the ones that are unable to command higher incomes."
The richest 10 per cent of families also earn more than 82 times the income of the poorest families in the country.
Last fall, the CCPA released a poll suggesting three-quarters of Canadians believe inequality is growing.
Still, there is some hope, the study notes. Nearly half of Canadians who are raising children have not experienced a freefall in their incomes thanks largely to the government's tax and transfer system, and especially the tax-free monthly Canada Child Tax Benefit, the study said.
Share Tools
Top News Headlines
- Air Canada confident it can reach deal with pilots
- Travellers flying Air Canada can keep booking their flights as negotiations continue with a new federally appointed mediator to help resolve an ongoing contract dispute between the airline and its pilots. more »
- Legalize pot, say former B.C. attorneys general
- Four former B.C. attorneys general are joining a coalition of health and justice experts calling for the legalization of marijuana. more »
- Whitney Houston's funeral to be held Saturday
- Pop star Whitney Houston's funeral service will be held Saturday in the New Jersey church where she first showcased her singing talents as a child. more »
- 6 ways Greece can bounce back
- Although Greece's economic future seems dire, a number of the country's sectors show promise, according to observers. more »
Latest Canada News Headlines
- Online surveillance bill targets child porn: Toews
- A bill that would give police and intelligence agencies new powers to access Canadians' electronic communications is needed to protect against child pornography, says Public Safety Minister Vic Toews. more »
- Botox injected by unlicensed practitioners
- Some Vancouver-area medical spas are ignoring Health Canada regulations that Botox be prescribed and injected by a physician, a CBC News investigation has revealed. more »
- Immigrants the proudest Canadians, poll suggests
- Most Canadians feel immigrants are just as likely to be good Canadian citizens as people who were born here and don't object to them keeping their original citizenship, according to a recent Environics survey. more »
- Online privacy erosion dismays critics
- Government and law enforcement access to people's electronic communications is the norm in dictatorships around the world, but the same intrusion appears to be creeping into North America, say opponents of a new online surveillance bill tabled in the House Tuesday. more »
On Tonight's National
Top stories
Shafia Jury Deliberations
- Dan Halton
- The jury in the Shafia murder trial begun deliberations today. Mohammad Shafia, his wife and his son are accused of killing four of their family members. They are charged with four counts of first-degree murder and have all pleaded not guilty to the charge.
Watch the Best of the Show
- Get Connected
- Syria cracks down on protesters, one day before an Arab League delegation arrives.
Stay Connected
- Carolyn Dunn
- An English soccer captain is facing racial abuse charges after an on-field exchange with another player.
The Current
- An Exploration of Dating Online Feb. 14, 2012 4:13 PM Internet dating is a popular way to meet people, but some researchers question whether compatibility is something that can be determined online.
- Legalize pot, say former B.C. attorneys general
- Botox injected by unlicensed practitioners
- Toronto NBA fans experience 'Lin-sanity'
- Trudeau says sovereignty less of a bogeyman now
- Homicide follows Vancouver family argument
- Tires slashed on more than 100 cars in Surrey
- Online surveillance bill targets child porn: Toews
- Adults told B.C. teen had taken ecstasy
- Whitney Houston's funeral to be held Saturday

