Education, children and health key to reducing income inequality: Diana Carney

Economist says government must invest in institutions to create a fairer society.

from iPolitics

"Investing in areas such as education, children and health is key to reducing the gap between the rich and the poor in Canada, economist Diana Carney told Parliament’s finance committee Tuesday.

"Testifying as the committee opened a series of hearings on income inequality, Carney said two-thirds of the world’s population lives in countries where the gap between the richest and the poorest has widened in the past decade. While Canada is in the middle of the OECD rankings on income inequality and has remained fairly stable, it is in third place behind only the United Kingdom and the United States when it comes to the proportion of the country’s income that goes to the top one percent of Canadians. …"

Full story

© Copyright 2013 the SGNews news blog, All rights Reserved. Written For: StraightGoods.ca