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Canadian Income Inequality
The Big Picture
From: The Age of Increasing Inequality
$2.00
Unbalanced growth and increasing income inequality since 1981 contrasts starkly with the balanced growth and stable income distribution of 1946 to 1981. Although total output per Canadian grew by approximately the same amount (roughly $21,000) in both periods, the gains from growth are now shared very differently. Since the mid 1990s, governments have stopped offsetting the increase in market income inequality.
Contributors
Lars Osberg
LARS OSBERG is McCulloch Professor of Economics at Dalhousie University with research interests in labour economics and income and wealth distribution. He received his PhD in Economics from Yale University and has published numerous articles in academic journals and seven books. He is past President of the Canadian Economics Association. He lives in Halifax, Nova Scotia.
