The Inflation-Control Target

So, the 2% inflation target has been renewed as it now stands. (Take that, House of Commons Finance Committee, which is holding hearings on the issue next week.) The background report from the Bank of Canada is pretty self-congratulatory, though it does somewhat revise the current regime to underline the…
Read more

Brad Wall’s Crime Problem

In opposition to the Conservative’s transformational C-10 omnibus crime bill, Quebec, Ontario and Newfoundland are refusing to take on the costs associated with the bill. British Columbia and Manitoba are similarly concerned about the costs of the federal legislation, asking for a full-accounting of the bill’s provisions and cost-sharing agreements…
Read more

What’s on the Agenda?

Remember in high school history when you learned about the very first nationwide protest for the nine-hour workday (May 1872) and the passing of the Trade Union Act the following month? No? What about when Saskatchewan launched the first provincial Medicare system (1962), and Canada followed suit with a national…
Read more

Families, Time and Well-Being

Inequality of well-being among families with children is increasing at an even faster rate than income inequality, according to a new study by Peter Burton and Shelley Phipps, “Families, Time, and Well-Being in Canada”. They find that total family working hours have increased over the past decade, but not for…
Read more

The Financial Wealth of Canada’s Top 1%

Following up on my post on wealth and income of the top 1%, Eric Pineault wrote to add some data on financial wealth distribution for Canada. He had a research assistant comb through microdata from Statcan’s Survey of Financial Security from 2005, and notes: “the 1% richest (all households are classed according to…
Read more