OECD: Canada's income gap is at a record high

A new OECD report on income inequality among 34 industrialized nations asserts what CCPA research has long revealed: Canada's income gap is at a record high. As the Globe and Mail reports in this story , "Two factors explain Canada’s growing gap: a widening disparity in labour earnings between high- and low-paid workers, and less redistribution. 'Taxes and benefits reduce inequality less in Canada than in most OECD countries,' the study said."

The full report is available for download from the OECD website here.

Meanwhile, Huffington Post Canada has unveiled a series on income inequality in Canada, including:

• a look at the pitfalls of economic growth in Calgary
• a slideshow looking at which Canadian cities are seeing the fastest ghettoization 
• a look at income inequality's effect on housing prices featuring the CCPA's own David Macdonald
• an extensive article on income inequality and tax policy