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.

OECD

OECD: " There is a considerable gap between the richest and poorest the top 20 per cent of the population earn more than five times as much as the bottom 20 per cent ," the OECD's Better Life Index report noted, according to Huffington Post. The OECD's concern about the income gap seemingly reflects that of Canadians themselves. A Pew Research Center study released earlier this week finds Canadians are more likely than Americans to believe that income inequality is growing , even though evidence suggests the problem is more acute in the U.S and Canada has placed third in an OECD ranking of the best countries to live in, but the report raises concerns about the degree of income inequality in the country. Canada also scored low on the job security measure, with 11 per cent of employees working on a "contract" of six months or less, slightly higher than the OECD average of 10 per cent. (www.immigrantscanada.com). As reported in the news.