Before lunch yesterday the top 100 or so members of the executive class would have blown past the yearly average pay for a Canadian worker. Through the cost to the public of goods and services we pay for this.
Just like last year…
Are Canada’s high-rolling corporate bosses really 209 times more valuable than the rest of us?
image: Vlad Podvorny via Flickr/CC
A close look at a major component of the Greater Toronto Area is available online now in the form of slides from a Metcalf Foundation presentation.
The Poor & Working Poor in The Toronto CMA and Scarborough. John Stapleton, Metcalf Foundation.
Neighbourhood Change CURA.
November 1, 2017
image: Jason Paris via Flickr/CC
Alabama’s worst has been on display all month. First up, a member of the elites with no shame running for election to help bolster a benefit plan for wealthy donors to the Republican party. The second was a more low-key story in terms of media coverage but one of no small interest at suburban-poverty.com.
Oh Alabama. A United Nations ‘deprivation expert’ has recorded his impressions of open human sewage next to the homes of your poor.
A journey through a land of extreme poverty: welcome to America
The recovery still hasn’t made most Americans whole again
You help to pay about three-and-a-half times more taxes than Canada’s corporations. This didn’t start up recently as some neo-liberal kick-in-the-head, either. The two figures pulled apart from each other in the early 1950s. This arrangement is carried thanks to stagnant wages, too.
Man, you guys are a generous people…
The high cost of low corporate taxes
image: Anthony Easton via Flickr/CC
Press Progress describes the massive ownership of wealth occurring at the top of the pyramid in Canada. The upper ten percent owns way more than the lower sixty percent.
NBottom 60% of all Canadians only own one-tenth of all wealth
image: Retis via Flickr/CC
Canadians still count themselves lucky to have escaped much of the type of economic madness that came to afflict the United States after the 2008 crash. Still, there seems to be some discomfort with the state of things here if the Legatum Institute’s Prosperity Index is to be believed. This globally-focussed think tank praises Canada frequently, placing us at number eight this year with Yemen dead last and Norway number one, after assessing a range of socio economic factors. This index is picked up quite widely in the business media most years and it appears to contain much general truth.
Part of California’s state capital has begun to distinguish itself via its suburban poverty numbers.
News that half of Canadians in their prime working years don’t have a full time permanent job is a bit of a puzzle. Consider this against the central place in this culture occupied by the folklore of occupations and work, status and wages, the entire socioeconomic package of Canadian life.
Census 2016: Canadians in prime working years less likely to hold full-time jobs
image: aldisley via Flickr/CC