January 10, 2018
Inequality – the income gap between rich and poor – is thriving in British Columbia, show new numbers from Statistics Canada provided to National Observer.
Between 2005 and 2015, employment incomes for the lowest 20 per cent of income earners in B.C. dropped by 7.5 per cent, using the 2015 dollar. At the same time, incomes for the top 20 per cent grew by 7.4 per cent, the federal statistics agency confirms.
That’s bad news because studies have linked a bigger the gap between rich and poor to nearly every social ill including shorter lifespans, more chronic illnesses, increased violence, and social isolation.