Thanks to Canada’s high level of economic mobility, people do not stay at a single income level their entire lives.
canadian income mobility
Avril 22, 2016
9:00AM
From 1993 to 2003, nine of every 10 Canadians who started out in the lowest income group moved up to higher income groups.
Juillet 21, 2014
6:00AM
Given the continuous stream of media stories highlighting growing income inequality, it’s understandable that Canadians are worried about the implications. Thankfully however, the story of rapidly rising income inequality in Canada is just that, a great fictional tale.
Juin 14, 2014
6:00AM
There has been much handwringing over the claimed disappearance of the middle class. From a bestselling international tome to domestic tax-and-spend types who think higher taxes will create more middle-income earners, there is no shortage of those who over-focus on redistribution and underestimate the benefits of opportunity.