Here is a look into Income Inequality in Canada

1. INCOME INEQUALITY –
CANADA – SEPTMEBER 2017
BY: PAUL YOUNG, CPA, CGA
SEPTEMBER 21, 2017

2. DISCLAIMER
• This presentation is on view of the middle class and the economy and should not be deemed the only
source

3. PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Emerging Technology
• SME – Business Process Change
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

4. WHAT IS INCOME INEQUALITY

5. HOW IS INCOME INEQUALITY FIX
• Distribution of wealth
• Funding to Healthcare
• Funding to Education
• Funding to other social Programs
• Strong Middle Class/Job Creation

6. Source - https://www.bloomberg.com/news/articles/2016-11-24/chile-mexico-u-s-have-highest-
inequality-rates-oecd-says
MEXICO INCOME INEQUALITY

7. ED BROADBENT

8. LPC – INCOME INEQUALITY

9. INCOME INEQUALITY – REBUTTAL #1
• http://www.cbc.ca/radio/thecurrent/the-current-for-february-25-2016-1.3463342/liberal-mp-pushes-
for-government-to-study-guaranteed-minimum-income-1.3463464
• Does this guy even look at stats? http://www.statcan.gc.ca/tables-tableaux/sum-
som/l01/cst01/labr69a-eng.htm or http://www.statcan.gc.ca/tables-tableaux/sum-
som/l01/cst01/labor93a-eng.htm
• It seems to me that if people pick the right career then maybe they would see a rise in their income!

10. REBUTTAL #2 – INCOME INEQUALITY
http://thetyee.ca/News/2016/03/08/UN-Tells-Canada-Clean-Up-Inequality/http://thetyee.ca/News/2016/03/08/UN-Tells-Canada-Clean-Up-Inequality/
I am getting tired of the UN pushing their policies. How about going after China/India/other countries that have high poverty levels. Do we have issues?
Yes! Does the new budget address those issues? No
http://www.vancouversun.com/opinion/columnists/cayo+some+forms+inequality+better+some+much+worse/11804872/story.html or
1. Scandinavia vs- Canada - https://www.youtube.com/watch?v=Y2jobYcTsXY
2. Middle Class https://www.youtube.com/watch?v=hoZ96sCQ-sQ
3. Income inequality - https://www.youtube.com/watch?v=TulkPgfR-R0
4. Gurantee Income - https://www.youtube.com/watch?v=0UrgSeNDCPo
http://www.cbc.ca/news/business/tax-changes-inquality-1.4285436
Canada is middle of road when it comes to income inequality: https://www.bloomberg.com/news/articles/2016-11-24/chile-mexico-u-s-have-highest-
inequality-rates-oecd-says
Harper had it right in terms of supporting income issue - http://globalnews.ca/news/1356467/tax-cuts-since-2005-net-canadians-30b-pbo/. Consumption
taxes hurt the poor to middle class more than the top 1%.
The top 1% pay close to 20% of the federal income tax - https://www.slideshare.net/paulyoungcga/top-1-wealthiest-income-earners-canada-2013-and-
2014-analysis-and-comments. Liberals continue to think taxing the rich will fixed the issues with income inequality. The problem is that you cannot tax
people to prosperity
The best solution to income inequality is creating the conditions that jobs grow in the goods producing sector or jobs that require advance skills.
https://www.slideshare.net/paulyoungcga/august-2017-canada-employment-market. If Trudeau and his team spent more time on getting projects of the
ground and/or expanding exports then you could see more decent jobs returning to Canada. Trudeau goals seems to want to build a system that has
people dependent on government - https://www.slideshare.net/paulyoungcga/what-is-agenda-2030

11. NDP AND WORKING WAGE
Catherine, When are you going to
push for reforms to
arbitration/pension/OPP costs? It
seems to me that we have huge
gaps between private and public
sector which has never been dealt
with by Ontario Liberal
Government. https://www.fraserinstit
ute.org/.../times-have-changed....
How is this sustainable?

12. PBO FEDERAL GOVERNMENT TAX CUTS
Source - https://globalnews.ca/news/1356467/tax-cuts-since-2005-net-canadians-30b-pbo/
The report is useful for the Conservatives heading into an election campaign in 2015 that it
plans to run on management of the economy. With a balanced budget also likely in 2015,
Conservatives are expected to introduce at least one more major tax measure — a
variation of income splitting it promised during the election four years ago at a cost of about
$2.7 billion.
Another gift to the government in the report was that the PBO found that in relative terms —
lower income Canadians earning between $12,200 and $23,300 benefited the most,
increasing their after-tax income by four per cent.