The Financial Wealth of Canada’s Top 1%

Following up on my?post?on wealth and income of the top 1%, Eric Pineault wrote to add some data on financial wealth distribution for Canada. He?had a research assistant comb through microdata from Statcan’s Survey of Financial Security from 2005, and notes: “the 1% richest (all households are classed according to…
Read more

Are the Top 1% Just Lucky?

I expect some folks who oppose the Occupy movement will weigh in on merit – that the top 1% are deserving of their riches because they include people who pay a lot of wages and salaries for ordinary folk. That is, the story of hard-working, risk-taking entrepreneurs who should not…
Read more

Wealth and income in the top 1%

One thing I really like about the Occupy movement is that it reclaiming mental space. I’m thinking of the overt focus on the riches gained by the top 1%, and of naming and shaming capitalism. Two are one and the same, of course. It is in the top 1% that…
Read more

The War Against Aging

There are, the old expression goes, lies, damn lies — and statistics. Throw enough frightening numbers around, and you can sell any sort of unfairness. The big target these days (besides airline attendants and postal workers) is the elderly. “Canada’s rapidly aging workforce” is a major issue, says Finance Minister…
Read more