Tag Archives: inequality

(1228) GTA income & equality update

For low income neighbourhoods to increase from 9% of a place to  51% of a place is a pretty crap reality.  Welcome to Brampton and Mississauga, once showpieces of growth and consumer choice.  Really, if you know anything about social conditions here the update to a 2015 United Way report will not surprise you.
Toronto region becoming more divided along income lines
thestar.com
And oh boy, the reports are never in short supply for long.  From late September: word about older citizens and others in food difficulty.
Who’s Hungry in Our City? 2017
North York Harvest & Daily Bread Food Bank
Not working isn’t the cause of all this.  In case you were wondering about 60% of those in poverty in Canada are in work.
Canadians for Public Justice 2017 Poverty Trends
cpj.ca

(1097) Icelandic equity legislation


To Iceland for some International Women’s Day inspiration.  If you want something good you gotta get it into legislation.
Iceland first in world to require companies to prove they offer equal pay. In legislation announced on International Women’s Day, the Nordic nation will make it mandatory for firms to orive they offer equal pay regardless of gender, ethnicity, sexuality or nationality
thestar.com

(1084) Lotto madness


Barely anyone at large in the industrial, consumer, automotive, real estate complex we call home has escaped the call of the lottery ticket.  Deep down, even the most sensible and realistic of us harbours a fantasy of something for nothing here.  We think of all the good things we could do for those we care about or all the crazy shit we could do for ourselves.  Either way, we frequently line up at that most suburban of settings, the gas station, and lay down several hours pay in our minimum wage job for a piece of paper that could change everything. Time to think a little more about the psycho-social effects of the lotteries, yeah?
EIther way, good luck and don’t forget to give us some.
Robin Hoodwinked:how billion dollar powerballs reflect 21st century inequality. State lotteries take from the poor to give to the rich, but we have options and there is a game-changing alternative
US basic income activist Scott Santens on medium.com

image: Mark Turnauckus via Flickr/CC

(1096) CEO victory day [CCPA report]


Today is the day when Canada’s chief corporate executives blow past the rest of us in earnings for the year.  They must be a very talented, special gang making between 3 and 183 million dollars a year. Wow.
Top CEOs earn more by today than average Canadian does all year: report
ctvnews.ca (video 3:38)
Throwing money at the problem: ten years of executive compensation
policyalternatives.ca
Canada’s top 100 paid CEOs: Canada’s top paid CEOs now take home 193 times what an average Canadian worker does. That’s not the only wage gap visible in this ranking
canadianbusiness.com
image: Flickr/CC

(998) Toronto’s wealth gap [Study]

martinreportOh dear.  Mexico City, Dallas and Seattle have more inequality than Toronto.  We are a little higher on the inequality list than most of us may think.  We got right into the North American ill top four thanks to eight billionaires, a brace of other rich folk and Canada’s slackness on inheritance taxes.  Crazy returns on real estate probably also helped the one percenters.  We’re nineteenth globally.

The geography of the global super-rich 47-page .pdf file
Martin Prosperity Institute/University of Toronto

Toronto’s 1 per cent are about 100,000 times wealthier than us. Divide between Toronto’s rich and the rest of us among the biggest in the world
metronews.ca