Archive for December 2014

Inequality in Canada   Leave a comment

When Will Bankers Take Inequality Seriously?

TD Economics pondered the trend, and just couldn’t get too worked up.

By Crawford Kilian, December 1, 2014, TheTyee.ca

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TD economists seem not to read writing on the wall for Canada when they say: ‘In America, there has truly been a hollowing-out of middle skill jobs.’

It’s taken three years for the issue of income inequality to filter upward from the tents of the Occupy movement to the upper reaches of Canada’s banks. But we now have a report from economists Craig Alexander and Francis Fong of TD Economics that admits inequality is indeed an issue — what’s more, an issue affecting the top one per cent.

While they provide a useful overview of Canadian inequality, the economists reveal a striking lack of interest in its causes. That in itself tells us something about the attitudes of the business class.

The complete story is at: http://thetyee.ca/Opinion/2014/12/01/Inequality-Bankers/

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