Active governments increase people’s happiness, says study

Published July 14, 2014

Government might not be able to give you a hug when you’re sad, but people’s happiness goes up as government intervention into the market economy increases, a new study has found. That’s the big takeaway from a new study by a team of researchers from Baylor University, Texas A&M University and the University of Notre […]

OECD’s dire warning for Canada: income inequality will get a lot worse

Published July 13, 2014

The Organisation for Economic Co-operation and Development has some bad news for Canada: income inequality has been on the rise since the mid-1980s and is projected to get a lot worse over the next 50 years. The OECD’s outlook is part of its new predictions for the world economy until 2060. “These are that growth will slow […]

Family values group accuses feminists of getting into bed with CEOs

Published June 26, 2014

Canada’s leading social conservative organization is accusing feminists of getting into bed with corporate CEOs to fight the Harper Conservatives’ family income splitting plan. The reason? “To keep everyone in the paid workforce and ensure a large reserve of low-wage workers,”according to a new report from the Institute of Marriage and Family Canada that Employment Minister Jason Kenney calls […]

WATCH: Goldman Sachs CEO sides with Occupy movement on income inequality

Published June 22, 2014

Wait — did we hear this right? The CEO of Goldman Sachs, one of America’s biggest banks, now considers income inequality “a very big issue” that produces a “destabilizing” effect. “Income inequality is a very destabilizing thing in the country. In other words, it’s responsible for the divisions in the country, the divisions could get […]

Canada’s rich are richer than you think… 39% richer

Published June 17, 2014

Canada’s rich make a lot more than previously thought because many bolster their income through private holding companies not counted as part of their earnings in personal tax returns, a new study has found. That means Canada’s top 1% of income earners made an average of 39% more in 2011 — $500,200, not $359,000 — when income […]

Conservatives on income splitting: what’s wrong with a little 1950s nostalgia?

Published June 11, 2014

The Conservatives are invoking the good old days of the 1950s to defend their income splitting scheme for families. Speaking on behalf of the government in the House of Commons Tuesday, Minister of State Gary Goodyear took issue with the NDP for criticizing the proposal as a throwback to the days of Leave it to […]

Tag: income inequality