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Canada's income gap among fastest growing in the OECD



OTTAWA -- Canada is among the worst countries in the developed world in terms of the widening income gap between top earners and others in society, according to the Organization for Economic Co-operation and Development.

The analysis shows income inequality is on the rise in most developed economies, but the trend has particularly taken hold in the United States and Canada.

The OECD report shows the top one per cent of Canadian pre-tax income earners captured 37 per cent of the overall income growth between 1981 and 2012, and now swallow up 12.2 per cent of the country's income pie.


Read more: http://www.ctvnews.ca/business/canada-s-income-gap-among-fastest-growing-in-the-oecd-1.1799525#ixzz30VexDzUg