The share of disposable income between Canada's highest and lowest households widened in the first quarter of 2023, according to data released by Statistics Canada.
Shocking research by Statistics Canada uncovers surprising economics discovery: people with lots of money lend it to people with less for more than it's worth: rich people get richer, and poor people get poorer!
"We were so focused on how fast people got sucked dry, we never stopped to realize why," said Mike Hunt, an assistant-upper-middle-deputy-manager at Statistics Canada.
With the amount of admin bloat in most government and education sectors I honestly wouldn't even be surprised at this point if that was someones legit title.
Tax the wealthy, tax domestic speculators and implement a windfall tax on corporations. We have record profits while there's record suffering right now. We need less austerity.
The problem is that the gap was inequitable to begin with ..... allow the rich and powerful to have more wealth and control ... and the gap only widens.