Income inequality in the U.S. is at its highest since the Great Depression. In Canada, the gap between rich and the rest is growing even faster as confirmed by a Conference Board of Canada study published by the Globe and Mail last month.
While the problem persists (for low and middle earners), there isn’t enough data yet that explains why the gulf is growing so rapidly in Canada. Conveniently for the rich, while Canada needs to know more to help everyone else, the office of corporate-friendly Prime Minister and Conservative Party leader Stephen Harper, wants to limit the gathering of data.
Fewer statistics will allow Mr. Harper to later claim he was unaware of the desperation faced by low earning Canadians, but isn’t it nice that we built billions of dollars worth of new prisons to house them, and changed our crime laws to keep them in longer if the poor got out of line?
Today, large corporate firms are being portrayed as villains in western society through international “Occupy” protests. In Toronto, a timid demonstration is camped down the street from my apartment. While not all are protesting income inequality, it should become their sole focus because Canada has a serious and growing problem.
When U.S. banks and their intermediaries caused today’s global economic crisis by bamboozling investors and customers, people lost faith in the private sector. But some business leaders have spun the current climate as one created by unions and governments. There is no truth to that claim but people who knowingly sold bad debt for profit would try to sell anything. The prophetic Jarvis Cocker penned a song about these people a few years before the recent economic meltdown. The title starts with a feminine C-word.
Unlike the U.S., Canadian banking regulations enacted by a previous Liberal Party government kept the country afloat. Yet businesses still balk at the idea of compensating low to mid-level employees with competitive wages, particularly in non-unionized settings, so Canada’s wealth disparity is not a surprise.
Corporations, and the Prime Minister routinely attack unions and claim it’s difficult for companies to provide their workers with a livable wage because organized labour increases the cost of business. If this is true, why are executives making more than ever to stretch the already huge wealth gap? Shouldn’t they too suffer if things are so dire for business?
Some (not all) in Canada’s executive class don’t see any issues with an army of employees fighting over diminishing table scraps, while the six to eight figure earnings of the bigwigs continue unabated as they purchase large homes, expensive cars and private school education for their children. How else will we foster the next generation of wealthy liars and thieves to deceive and manipulate the public?
Western taxpayers paid dearly to finance these luxurious lifestyles through austerity measures when their governments could have created jobs instead. In Canada, like in most western countries, the money for job creation continues to be shifted to corporations through tax cuts. Firms that have no interest in stimulating the economy with new employment or by paying existing workers higher wages, are being rewarded with public money for increasing the gap between the rich and everyone else.
A democratic government’s role is to care for the vulnerable more than the comfortable. People would neither need nor want democracy if they were happy to allow the wealthy to rule. In Canada, we not only have the rich getting richer and the rest getting poorer, but a party and Prime Minister in power that’s poised to maintain this systemic inequality. This is worth protesting.



