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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Day: September 24, 2014

Income Gap by Age – Canada

  • Income gap grows between young and old: Report, By Dana Flavelle, September 23, 2014, Toronto Star: “Canada’s income gap is growing — not just between rich and poor, but between young and old, a report by the Conference Board of Canada has found. Older Canadians now earn 64 per cent more after tax than younger workers. That’s up from a 47 per cent gap nearly three decades ago, the study released Tuesday found. The report, called The Bucks Stop Here: Trends in Income Inequality between Generations, confirms what author David Stewart-Patterson says he suspected…”
  • Age, not gender, is the new income divide in Canada, study finds, By Lee-Anne Goodman, September 23, 2014, Financial Post: “Age, not gender, is increasingly at the heart of income inequality in Canada, says a new study that warns economic growth and social stability will be at risk if companies don’t start paying better wages. The Conference Board of Canada findings suggest younger workers in Canada are making less money relative to their elders regardless of whether they’re male or female, individuals or couples, and both before and after tax…”