Canada's Rich and Poor

Moving in Opposite Directions
February 1, 2007
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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.”

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