Extra income for hard hit workers may not last post-pandemic: PM
Government is watching to see how things play out before deciding on its next move.
Bank of Canada reviews effect on wealth, income distribution: Wilkens
Also testing other frameworks related to monetary policy to see how they fare in good economic times and bad.
Global female income to reach US$40T in 2020: report
Frost & Sullivan shares key findings on female economy in light of International Women’s Day.
Rising inequality eroding trust in capitalism survey
83% of employees globally are concerned about their jobs.
Canada’s top 1% saw fastest income acceleration, overall decrease in taxes
In 2017, those in the top 1% saw average income growth that year of 8.5% to $477,700.
Ontario to announce tax exemption for low income workers in fall fiscal update: sources
Workers earning less than $30,000 will no longer have to pay provincial income tax starting next year.
AP FACT CHECK: Trump fudges history on black vote, drug cost
A look at the past week’s claims.
Amount Canadians owe compared with income ticks lower
But debt-to-income ratio is still near a record high, StatsCan says.
Americans got raise in 2015 for first time since 2007
Incomes increase 5.2% in 2015 to $56,516, but still sit below 1999 peak of $57,909.
Debt to disposable income ratio hits new high at 163.3%
Historically low mortgage rates are luring more Canadians into the real estate market.
Guaranteed income program appealing but implausible, Fraser Institute says
Program would reform 25% of all government activity, think-tank finds.
Albertans earn Canada’s top wages
ATB Financial reports median annual family income of $78,800.