Saturday, Jan. 31, 2015
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Growing economic analysis shows acting on inequality is good for the economy

It’s an astounding statistic, but according to a report earlier this year, the top one per cent of income earners in Canada captured 37 per cent of the growth in Canadian incomes over the three decades 1975 to 2007. This is not as much as in the U.S., where the top one per cent captured 47 per cent of the growth in incomes. The report, from the Organization for Economic Co-operation and Development, explained as well that “highly disposable incomes makes it easier for the one per cent to save and accumulate capital, which eventually increases incomes further.” So income inequality can be self-sustaining and grow even greater.

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Growing economic analysis shows acting on inequality is good for the economy

It’s an astounding statistic, but according to a report earlier this year, the top one per cent of income earners in Canada captured 37 per cent of the growth in Canadian incomes over the three decades 1975 to 2007. This is not as much as in the U.S., where the top one per cent captured 47 per cent of the growth in incomes. The report, from the Organization for Economic Co-operation and Development, explained as well that “highly disposable incomes makes it easier for the one per cent to save and accumulate capital, which eventually increases incomes further.” So income inequality can be self-sustaining and grow even greater.

  

Parliamentary Calendar
Monday, February 2, 2015
HILL LIFE & PEOPLE SLIDESHOWS
Book of Negroes screening on Parliament Hill Jan. 27, 2015

The Hill Times photograph by Jake Wright
Copies of Lawrence Hill's book, Book of Negroes.
The Hill Times photograph by Jake Wright
Conservative MP Joyce Bateman, Lawrence Hill and Conservative MP Susan Truppe.
The Hill Times photograph by Jake Wright
Conservative MP Joyce Bateman, Lawrence Hill and Conservative MP Susan Truppe.
The Hill Times photograph by Jake Wright
Conservative MP Joyce Bateman, Lawrence Hill and Conservative MP Susan Truppe.
The Hill Times photograph by Jake Wright
Conservative MPs Ray Boughen, Rob Clarke, John Barlow and Chris Warkentin.
The Hill Times photograph by Jake Wright
Heather Bradley and Aunjanue Ellis
The Hill Times photograph by Jake Wright
Heather Bradley and Aunjanue Ellis
The Hill Times photograph by Jake Wright
Aunjanue Ellis, star of Book of Negroes.

MICHAEL DE ADDER'S TAKE