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Inequality and poverty
OTTAWA – Selon un nouveau rapport du Centre canadien de politiques alternatives (CCPA), les traitements fiscaux préférentiels tels les exemptions, les crédits et les échappatoires sont devenus de véritables mannes pour la tranche de 10 pour cent des contribuables canadiens les plus fortunés.
OTTAWA – Preferential tax treatments such as tax exemptions, credits, and loopholes have become a cash cow for Canada’s richest 10 per cent, says a new report by the Canadian Centre for Policy Alternatives (CCPA). The report analyzes Canada’s 10 costliest preferential tax treatments, starting with the richest 10 per cent, which is responsible for 42 per cent of the federal money spent on these types of tax expenditures (up from 36 per cent in 1992).
Preferential tax treatments such as tax exemptions, credits, and loopholes have become a cash cow for Canada’s rich. This report analyzes the country’s 10 costliest preferential tax treatments, starting with the richest 10% of Canadians, which is responsible for 42 per cent of the federal money spent on these types of tax expenditures (up from 36% in 1992).
Working should be a route out of poverty, but for some, low wages are a poverty trap. The current minimum wage is inadequate as at $11/ hour, it places workers as far as $8,000 below the poverty line. Minimum wage should be increased through pre-announced steps to $15.53/ hour and then indexed at that point. The current plan by the Manitoba government would tie minimum wage increases to the rate of inflation or less, freezing or lowering the buying power of the most vulnerable workers in Manitoba.
For those seeking to calculate the living wage in other BC and Canadian communities, you can download the living wage calculation guide and spreadsheet (below). And please let the Living Wage Campaign know what you come up with — they're working on keeping track of amounts across the province and across Canada: email@example.com. You can also contact the campaign if you want to become a living wage employer or to participate in the work of the campaign.
Today, 11 communities across BC released their local living wage rates. A living wage is the hourly amount that two working parents with two young children must earn to meet their basic expenses.
(Vancouver) The wage needed to cover the costs of raising a family in Metro Vancouver is virtually unchanged in the past year, however, child care and housing costs are major challenges for many families, a report released today finds.
As recently as 40 years ago, old age meant living in poverty for more than a third of Canadian seniors. Thankfully, public programs like the Canada Pension Plan, Old Age Security and the Guaranteed Income Supplement changed this, cutting BC’s seniors’ poverty rate to a low of 2.2% in the mid-1990s, among the lowest in the western world.
They are young and highly educated, but many “sharing economy” workers in the GTA are selling their services under precarious working conditions. Read the first comprehensive look at workers who sell “sharing economy” type services and the consumers who buy them in this new report.