immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

TD Economics and Craig Alexander

Craig Alexander: Rising income inequality in the United States is a clear and present danger to Canada because there are pressures on our economy to go in the same direction, Craig Alexander, chief economist at TD Economics, said in an interview, according to The Star. As a result of those pressures, governments must take added precautions to ensure that new policies don t make the current gulf between high and low-income earners even wider, Alexander said and The increasing gap between rich and poor in the U.S. is a danger to Canada economy, according to a new report from TD Economics. We will probably never reach U.S.-type inequality because Canadians would never accept it, but I think there are pressures that could push us in that direction. (www.immigrantscanada.com). As reported in the news.