Serious Damage: Conference Board of Canada

Conference Board of Canada: There is a myth that growing inequality is inevitable, or the result of some natural market forces, according to Times Colonist. Other countries have chosen a different path without damage to their economies. Canada now has greater inequality than most of its economic peers, according to a 2011 Conference Board of Canada report and Canadians need to decide how much inequality is acceptable in our society. A recent Broadbent Institute report called inequality a defining issue of our time. It's hard to dispute that claim, especially given the serious damage that could result from rising inequality. That's simply false. Governments in some countries - including Canada - have made policy choices that increased inequality, ensuring the richest citizens claim the largest share of economic gains, and the rest of the population benefits much less. (www.immigrantscanada.com). As reported in the news.