POL214Y1 Lecture 9: The Social and Economic Setting
28 Jan 2019
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Deindustrialization: as population ages, supply of workers will not keep up with projected demand, more education means less likely for unemployment, shift of good jobs to developing world. 13. 4% in 1982: share of all income taxes paid by the other 99% in 2010 was 78. 8%, down from 86. 6% in. 1982: most canadians better off than they were 30-40 years ago, median incomes of canadian families and individuals increased between 1976 and. Income levels and employment rates vary among the provinces: personal incomes in the poorest provinces (nl, nb, pei) are about 85-90% of the. Canadian average, but only 70-80% of incomes in the wealthiest provinces (ab, Saskatchewan: transfer payments from the federal government to the poorer provinces help to narrow this gap. Income mobility refers to moving up between income quintiles over time: 1993-7, 2005-9, about 40% of those in the lowest quintile moved up in higher quintile, no other quintile experiences the same degree of upward mobility.
