Canada's Rich and Poor

Moving in Opposite Directions
February 1, 2007
832.62 KB20 pages

In a study for the Canadian Centre for Policy Alternatives (CCPA), economist David Green found the gap didn’t grow as much over the 1980s as it did in the 1990s – especially post-1995, following cuts to government transfers and taxes. Both rich and poor families struggled during the 1980s recession, and both pulled out at comparable rates – but in the 1990s, things changed dramatically. The richest of the rich soared out of the 1990s recession but the poorest of the poor fell behind post-1995; they fared considerably worse.”