›››››››› - A REPORT OF THE - ONTARIO COMMON FRONT 2012

But despite the rather choices – choices in public budgets, and in intensification of work among the middle and economic and social policy – that have failed to lower income brackets in the last generation, rein in the increasing income inequality Ontario has seen among the biggest jumps in distributed by the private market and aided in poverty rates and intensity of all provinces.3 propelling us. [...] (Source: Lars Osberg and Andrew Sharpe, Centre for the Study of Living Standards, Beyond GDP: Measuring Economic Well-Being in Canada and the Provinces 1981-2010 (September 2011).) Today, the widest income disparities between the top 20 per cent and the bottom 20 per cent of income earners in Canada are in British Columbia and Ontario. [...] Today, In her 2007 study of Ontario’s growing gap in Ontario is at or near the bottom of the country in income and wealth economist Armine Yalnizyan measures of income inequality and economic reports that even prior to the economic recession security. [...] And it’s not just a story In Ontario, the girth of the gap between the about the tail ends of the distribution, the richest and poorest first expanded beyond the richest and the poorest. [...] Over the 1981-2010 period, Ontario experienced the largest change in income inequality as measured by the Gini coefficient, in percentage terms, at 17.2 per cent, followed by British Columbia at 14.4 per cent.28 Across Canada, the poverty rate29 for all persons is estimated at 13.3 per cent in 2010, up from the relatively high point of 12.0 per cent in the depths of the recession in 1981.