BC's Growing Gap
(Vancouver) A new study reveals that BC’s poor and middle class families are in worse financial shape than their parents’ generation. The study, released today by the Canadian Centre for Policy Alternatives, finds that fully 60% of families with children are earning less than their counterparts in the late 1970s, while incomes for the wealthiest 10% have increased dramatically. The result is a widening gap between the rich and the rest of the population.
Among the study’s key findings: