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Articles on Wealth inequality

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Buildings sit in the water along the shore following Hurricane Fiona in Rose Blanche-Harbour Le Cou, Nfld. Fiona left a trail of destruction across much of Atlantic Canada. THE CANADIAN PRESS/Frank Gunn

On the brink: Global crises ranging from climate to economic meltdown demand radical change

Amid a number of major crises, the world clearly needs radical change. But what will it look like? The desire to return to pre-pandemic ‘normal’ is powerful, but ‘normal’ is what got us where we are today.
People wait in line for a free morning meal in Los Angeles in April 2020. High and rising inequality is one reason the U.S. ranks badly on some international measures of development. Frederic J. Brown/ AFP via Getty Images

US is becoming a ‘developing country’ on global rankings that measure democracy, inequality

The United States came in 41st worldwide on the UN’s 2022 sustainable development index, down nine spots from last year. A political historian explains the country’s dismal scores.
The world’s wealthiest people wouldn’t be able to shield their riches from tax authorities without enablers. (Piqsels)

Paid millions to hide trillions: Pandora Papers expose financial crime enablers, too

Highly compensated ‘enablers’ such as financial experts, lawyers, accountants, notaries, estate agents and company service providers are assisting oligarchs, dictators and criminals around the world.
A woman walks past the Bank of Canada building in Ottawa in September 2017. THE CANADIAN PRESS/Adrian Wyld

The Bank of Canada must seize the pandemic moment and do more for Canadians

Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
Finance Minister Chrystia Freeland gets a fist bump from Prime Minister Justin Trudeau after delivering the 2020 fiscal update in the House of Commons on Nov. 30, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Canada’s fiscal update falls short in facing climate change and income inequality

The pace of federal government action to date does not align with the urgency of the twin climate and inequality crises. The latest fiscal update doesn’t go far enough on either crisis.

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