05-14-2023, 09:03 PM
(05-14-2023, 04:11 PM)dtkvictim Wrote: Wealth inequality would probably continue to grow without population growth, but I also believe our current population trends are a tool used to grow wealth inequality (whether intentional or not).
Inequality (as measured by the Gini coefficient) has been fairly stable in Canada for a while. It was around 0.31 for about a decade, but it dropped to 0.299 in 2019, and then to 0.28 range in 2020-21. Those last two were likely impacted by the COVID income replacement programs so they may not be comparable, though.
But the point is that inequality in Canada has not been growing in recent years. (That's not to say that there isn't work remaining to be done, but at least we are not going backwards.)