Editor's note: this column was originally featured on December 2, 2013
By 1:18 p.m. on this date most workers had just finished lunch on the first working day of the year, but Canada's highest paid 100 CEOs had already pocketed the equivalent of the average wage in Canada, $45,448. BTW: The CCPA's 2013 CEO pay clock is still ticking. (Source)
Attawapiskat Chief Theresa Spence ended a six-week hunger strike whose aim was to spark federal political will to improve conditions on aboriginal reserves. Meanwhile, a movement called Idle No More, focused on Indigenous rights, began taking hold in the public eye. (Source and source)
Statistics Canada released data showing the richest one per cent of Canadians made almost $180,000 more in 2010 than they did in 1982 (adjusted for inflation). The bottom 90 per cent of Canadians saw income gains of only $1,700. (Source and source)
The Conference Board of Canada ranked Canada 12 out of 17 developed countries for its laggard performance on income inequality: "Since 1990, the richest 20 per cent of Canadians has increased its share of total national income, while the poorest and middle-income groups lost share." (Source)
The Globe and Mail launched its specialized 'time machine' showing young Canadians today have it worse in terms of jobs, tuition and housing costs. (Source)
RBC released a report showing Canadians with liquid assets worth $1 million or more enjoyed a 6.8 per cent wealth growth between 2011-12. Compare that to average household net worth growth in Canada in 2011-12: 1.4 per cent. (Source and source)
An unmanned 74-car freight train carrying crude oil derailed at hurtling speed into Quebec township Lac-Mégantic -- creating massive explosions that killed at least 42 people, devastated the town's centre and raised serious questions about railway cost-cutting and deregulation. (Source and source)
Canada's provincial and territorial leaders called for a national public inquiry into the 582 cases of missing or murdered aboriginal women and girls over 13 years in Canada, "ratcheting up the pressure on Prime Minister Stephen Harper to follow suit." (Source)
A CIBC World Markets report showed that while the attainment of post-secondary education in Canada is higher than all other OECD countries, the cost is about twice as high as the OECD average. And, comparatively, more Canadian graduates earn less than median income. (Source and source)
Ontario's Health Minister Deb Matthews blazed a new trail by encouraging Canadians to start a conversation about assisted suicide. It came on the heels of a posthumous video by SARS specialist Dr. Donald Low's YouTube plea eight days before he died of a brain tumour. (Source and source)
Four respected University of Toronto academics denounced Canada's mandatory census survey's inferior replacement, the National Household Survey, as so 'worthless' that it should be withdrawn. (Source)
The Globe and Mail, Canada's business newspaper of record, launched an investigative series on income inequality in Canada -- saying it "hurts every Canadian's chance of building a better life." (Source and source)
The Canadian Centre for Policy Alternative's Trish Hennessy has long been a fan of Harper Magazine's one-page list of eye-popping statistics, Harper's Index. Instead of wishing for a Canadian version to magically appear, she's created her own index -- a monthly listing of numbers about Canada and its place in the world. Hennessy's Index -- A number is never just a number -- comes out at the beginning of each month.
Photo: Michael DancingEagle Cassidy
Thank you for reading this story…
More people are reading rabble.ca than ever and unlike many news organizations, we have never put up a paywall – at rabble we’ve always believed in making our reporting and analysis free to all, while striving to make it sustainable as well. Media isn’t free to produce. rabble’s total budget is likely less than what big corporate media spend on photocopying (we kid you not!) and we do not have any major foundation, sponsor or angel investor. Our main supporters are people and organizations -- like you. This is why we need your help. You are what keep us sustainable.
rabble.ca has staked its existence on you. We live or die on community support -- your support! We get hundreds of thousands of visitors and we believe in them. We believe in you. We believe people will put in what they can for the greater good. We call that sustainable.
So what is the easy answer for us? Depend on a community of visitors who care passionately about media that amplifies the voices of people struggling for change and justice. It really is that simple. When the people who visit rabble care enough to contribute a bit then it works for everyone.
And so we’re asking you if you could make a donation, right now, to help us carry forward on our mission. Make a donation today.