[news] "Despite Healthy Economic Times, Only the Rich are Gaining": Growth Doesn't Pay Off for Most Canadians

[Mostly Water - "Canadian" and International alternative news feed]

by Norma Greenaway - The Ottawa Citizen

Feel like you're just treading water economically? Well, join the club. Most working Canadians are in the same boat, according to the latest Statistics Canada analysis of the 2006 census...The agency reported yesterday that despite a stretch of healthy economic times, there has been almost no growth in the after-inflation earnings of Canadian workers over the last quarter century. It also said the gap between the rich and the poor widened dramatically during that period and that the gap was only partially offset by the tax system.  


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    [1]: http://mostlywater.org/despite_healthy_economic_times_only_rich_are_gaining_growth_doesnt_pay_off_most_canadians

URL: http://mostlywater.org/despite_healthy_economic_times_only_rich_are_gaining_growth_doesnt_pay_off_most_canadians