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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.

Inequality: Income Inequality

inequality: But labour markets are part of a broader political-economic context, where past and current policies have favoured some population groups over others, says the report, according to CTV. This history of wealth accumulation for some but not others is a crucial contributor to racialized economic inequality today. Employment income is the sole or main source of income for most Canadians, and labour market policies play a major role in improving or worsening income inequality, says the newly published report by the Canadian Centre for Policy Alternatives, which looks at income inequality along racial lines. There is little Canadian data examining wealth according to race, but Statistics Canada did include some details on income linked to net wealth -- specifically, capital gains and income from investments -- broken down by visible minority status in the 2016 census. The data on visible minorities does not include Indigenous Peoples. The analysis in the report suggests a discrepancy between racialized Canadians, which is how the co-authors refer to those who identified as visible minorities in the 2016 census, and non-racialized, or white, Canadians. (www.immigrantscanada.com). As reported in the news.