Poll

Hennessy's Index: Inequity

Contributor
By Contributor
February 8th, 2011

$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.

Categories: GeneralIssues

Other News Stories

Opinion