Canada's rich get richer while it's poor get poorer, new study shows.
In today's issue of the London Free Press, there is a study on page A8 by Statistics Canada which shows that in a 5 year period the income of higher income tax brackets has gone up 22% and the income of poorer tax brackets has gone down 11%. They call it a crisis situation and I can understand why. There is a direct connection to the poverty level and the criminal activity level (meaning poor people get desperate and commit crimes like theft) also the stress on low income families causes domestic violence and violence within the communities.
Also it found the it's getting harder for people born into poorer families to obtain post secondary education. Of course the main factor being lack of funds, but also the aforementioned violence causes stress for children of poor families and makes it harder for them to focus do well in school as does the all too common situation of children of those families not having enough to eat which causes them to go to school hungry or starving and also not be able to focus and do well. Many also have to quit school in order to help support the house hold with a part time or full time job which is minimum wage.
The fact is this is a crisis, and the government needs to take action and stop doing what it does best, pretending the issue isn't there.