income mobility

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There has been a spate of news stories in recent months dealing with the suggestion that the gap between the rich and the poor in Canada is at a 30-year high. Liberal leader Stéphane Dion even promised to make the unfair distribution of income in Canada one of the major issues in the next federal election.

Claims like these make good headlines, but the cliché about the rich getting richer and the data supporting the claim are both highly misleading.