Canadian income gap widens
October 23, 2008
TORONTO - The rich are getting richer, poor are getting poorer and even the middle class is losing touch with wealthy Canadians, according to a new report from the Paris-based Organization for Economic Co-operation and Development. After 20 years of declining inequality from the mid-1970s to mid-1990s, the gap between rich and poor has risen sharply in Canada since 1995, the OECD said in Growing Unequal, released Oct. 21. Canada is now one of the more unequal countries among the 30 rich nations who make up the OECD.