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When business talks about inequality, it’s time to worry |
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Mardi, 27 Septembre 2011 14:28 |
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BY ARMINE YALNIZYAN, GLOBE AND MAIL BLOG
The world is marking the third anniversary of the biggest global economic crisis since the 1930s by staring down the imminent possibility of a second global downturn. Virtually none of the conditions that triggered the first one have been addressed.
As nations steel themselves to provide more taxpayer-funded cash to stave off a new round of defaults while cutting supports for taxpayers, policy makers are pointing to rising income inequality as cause for concern in a climate of growing instability.
Notably, it’s not the usual voices of the left sounding the alarms, but pro-market heavyweights like the Conference Board of Canada and the International Monetary Fund.
That such groups are worried should be a signal to Canada’s private sector leaders: pay attention to the compensation gap between your lowest paid worker and that of the CEO, because those differences may tell us a lot about the mess we’re in. After all, businesses rely on the rising purchasing power of the many, not the few, to deliver growth and profits.
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Poverty costs New Brunswickers $2 billion dollars per year |
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Mardi, 27 Septembre 2011 13:23 |
Press Release
(Halifax/Moncton) A new study released today, entitled Cost of Poverty in New Brunswick, co-authored by economist Angella MacEwen and Christine Saulnier, reveals that:
- Poverty costs the New Brunswick government a half a billion dollars per year.
- These costs accounted for 6.5% of the 2009/10 New Brunswick government budget.
- Health care spending on poverty alone costs the government $196 million per year.
- When the costs to government are added to the broader costs to the economy, the total cost of poverty for the province is $2 billion dollars.
- Investing in a comprehensive plan to alleviate poverty could cost as little as half as much as the quantifiable costs of poverty.
"It is clear that delayed action to address poverty in New Brunswick is very costly to government directly and to society more broadly," says Saulnier, who is also the director of the Canadian Centre for Policy Alternatives-Nova Scotia, which released the report today in partnership with the NB Common Front for Social Justice Inc.
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Ex-chief statistician picks apart cancellation of long census |
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Mardi, 20 Septembre 2011 20:50 |
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BY HEATHER SCOFFIELD, THE CANADIAN PRESS
OTTAWA—The federal government cancelled the long-form census with little heed to the consequences of its decision, according to a new first-hand account of the drama that unfolded a year ago.
An essay by former chief statistician Munir Sheikh says the census decision has shaken Statistics Canada’s neutrality and independence, and put at risk the government’s own work in many areas.
READ: Sheikh’s essay in full.
In the essay, Sheikh warns statisticians working at the federal agency to “guard against political intervention” until better solutions are found.
Sheikh also raises concerns over poor data on aboriginal populations, especially housing on reserves, and about the government making key decisions on pension reform without having reliable information on wealth in Canadian households.
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UNICEF's report on child well-being and inequality |
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Jeudi, 15 Septembre 2011 12:52 |
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Read the child well-being report, or a report summary. You can also download a child-friendly version.
A UNICEF study from 2007 placed the UK at the bottom of the child well-being league table among developed countries. As a result, concern for promoting child well-being shot up the UK's political agenda.
But why did the UK come last, and why do children here continue to fare so poorly compared to other, similar countries?
UNICEF UK, Ipsos MORI and Dr Agnes Nairn worked together to explore the reasons behind the statistics by comparing children's lives and experiences in the UK with those of children living in Spain and Sweden.
What we found has serious implications for how we move forward as a society and how we tackle the impact that materialism and inequality have on children’s well-being.
For more information, contact the UNICEF Parliamentary Team at
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Income inequality rising quickly in Canada |
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Mardi, 13 Septembre 2011 11:10 |
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BY TAVIA GRANT, GLOBE AND MAIL
The gap between the rich and the rest is growing ever wider -- with the chasm increasing at a faster pace in Canada than in the United States.
That’s the conclusion of a Conference Board of Canada study Tuesday, which says income inequality has been rising more rapidly in Canada than in the U.S. since the mid-1990s.
Its global analysis found that Canada has had the fourth-largest increase in income inequality among its peers. Between the mid-nineties and late 2000s, income inequality rose in 10 of 17 peer countries -- including Canada. It remained unchanged in Japan and Norway, and declined in five countries.
Conference Board of Canada: World Income Inequality Report
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