Boom and Bust: The Growing Income Gap in Saskatchewan
Date
2009-09
Authors
Gingrich, Paul
Journal Title
Journal ISSN
Volume Title
Publisher
Canadian Centre for Policy Alternatives (CCPA)
Abstract
Income inequality among Saskatchewan families has increased rapidly since 2000. As the Saskatchewan economy has became more prosperous, upper income families have benefited most from economic expansion. The share of aftertax income received by the twenty per cent of families with the highest incomes was over forty per cent in 2006, the largest share in thirty years. In contrast, the share of after-tax income for the twenty per cent of families with the least income declined to just over six per cent (6.2%), their smallest share in thirty years.
Description
This report examines and analyzes the growing gap between those who have benefited most from economic expansion and those who have benefited little or not at all. The focus of the report is on Saskatchewan, with comparisons to other provinces and Canada as a whole.