Canada’s economy appears to be booming: employment has been growing at a strong pace, virtually all governments are running surpluses and corporate profits are escalating. And yet most Canadians aren’t benefiting much from the growing economy.
The March 2007 issue of CUPE’s Economic Climate for Bargaining highlights different aspects of inequality: increasing inequality in earnings, income and wealth; Canada’s high gender earnings gap; persistently high poverty rates for recent immigrants; increasing inequality between the financial health of the corporate and personal sectors; and offloading insecurity onto individuals, workers and families.
The report also includes material on:
·Federal budget expectations
·National and provincial economic outlooks for 2007 and 2008
·Collective bargaining priorities for 2007
·Inflation and housing cost trends by province and city
·Wage gains achieved in major collective agreements