Hennessy's Index: Inequity
By Contributor
$6.6 million
The average compensation of Canada’s best-paid 100 CEOs in 2009. (Source)
- $42,988
The average wage for Canadians working full-time, year-round. (Source)
- 155 times
How much the best-paid 100 CEOs earn more than average wage. (Source)
- 0
The number of women among the best-paid 100 CEOs in Canada in 2009. (Source)
- 20th
Canada ranks 20th, behind the U.S., in a global ranking of women’s equality. (Source)
- Canada’s richest 1%
Doubled their income share between the late-1970s and 2007. (Source)
- Canada’s richest 0.01%
Quintupled their share of income during that same period. (Source)
- Shrinking middle
The share of income for the bottom 80% of Canadian families with children is smaller today than it was a generation ago. (Source)
- Teetering
6 out of 10 Canadians could be in trouble if their paycheque gets delayed. (Source)
- Debt nation
Canadian consumer debt to financial assets ratio worst of 20 OECD nations. (Source)
- $1.41 trillion
Canadian household debt. (Source)
- 17th
Canada ranks 17 out of 24 OECD nations on children’s material well-being. (Source)
- 1 in 10
Canadian children live in poverty. 1 in 4 Aboriginal children live in poverty. (Source)
- A solution
Shifting 1% of Canadians’ collective after-tax income to the 1 in 10 Canadians living in low income would eliminate poverty in Canada. (Source)
The Hennessy Index is a monthly listing of numbers, written by the CCPA’s Trish Hennessy, about Canada and its place in the world.
