Menu Close

Articles on Income gap

Displaying all articles

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.
Most U.S. pandemic policies are not helping those most vulnerable to dying from both COVID-19 and pandemic-driven unemployment, including Blacks, the less educated and the poor. AP Photo/Gene J. Puskar

Forget the debate over public health versus jobs – the same people suffer the most either way

Most pandemic policies have benefited those already best off in US society and ignored people for whom neither mass shutdowns nor reopening offer relief.
A person carries groceries while walking among cyclists on Queen Elizabeth Drive in Ottawa on April 18, 2020. THE CANADIAN PRESS/Justin Tang

How to build more resilient cities post-coronavirus

Rebuilding cities post-pandemic will start with neighbourhood hope, and strong social and community planning.
Women of the Peppimenarti community, about 320 km south-west of Darwin. The statistics suggest Indigenous households in remote and very remote areas are more effective at managing money to avoid hardship. AAP Image/Dan Peled

Traditional culture may help Indigenous households manage money better

We decided to dig into the statistics and compare the experience of financial stress in Indigenous and non-Indigenous households. Our findings surprised us.
Should wealthy Canadians pay an inheritance tax? In this photo from 2002, David Thomson listens during the annual meeting of Thomson Corp. The Thomsons are considered Canada’s richest family. (CP PHOTO/Aaron Harris)

Should Canada have an inheritance tax?

Canada is the only G7 country that doesn’t have an inheritance tax. A new report says that should change. The idea of sharing the wealth from one generation to another is not new.
Aggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth. Shutterstock

How rising inequality is stalling economies by crippling demand

News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers’ wages are flatlining is ultimately bad news for economic growth and prosperity.
Competition between neighbours, rather than between strangers living far apart, amplifies inequality. This can lead to homicide and civil war. Pexels

How competition fuels inequality and conflict

Competition between neighbours turns up the volume on inequality. Homicide and civil war may be the result.

Top contributors

More