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More Canadian Women Join Top One Per Cent While Gap With Poor Grows: Report

Darpan News Desk The Canadian Press, 16 Dec, 2016 12:54 PM
    MONTREAL — Statistics Canada says more women are joining the one-per-cent club but still accounted for less than one-quarter of the country's top earners in 2014.
     
    The agency says in a new report that women accounted for 22 per cent of the top one per cent of tax filers in 2014, compared to 10 per cent in the early 1980s.
     
    Canada had 268,500 tax filers in the top one per cent in 2014, earning at least $225,100.
     
    Although the top one per cent earned about 12 per cent of all income in Canada in 2014, the rich have gotten richer since 1982.
     
    The bottom half of income earners saw their share of total Canadian income decrease 28.4 per cent between 1982 and 2014, while the top one per cent's share grew 53 per cent.
     
    The wealthiest have seen their share of Canada's income grow since the Second World War but is still below the levels during the Great Depression.

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    Armoured Car Robbed In Montreal After Being Hit By Backhoe

    Armoured Car Robbed In Montreal After Being Hit By Backhoe
    MONTREAL — An armoured vehicle was robbed in Montreal on Friday after being hit with the front end of an backhoe tractor on a busy street.

    Armoured Car Robbed In Montreal After Being Hit By Backhoe

    Two Arrested In Connection To Sexual Assaults At Universite Laval Residence

    Quebec City police have arrested two men in connection with alleged break-ins and sexual assaults at a university residence.

    Two Arrested In Connection To Sexual Assaults At Universite Laval Residence

    Winnipeg Police Investigate Whether Young Child Suffered Fentanyl Overdose

    Winnipeg Police Investigate Whether Young Child Suffered Fentanyl Overdose
    WINNIPEG — Police in Winnipeg are investigating whether a young child suffered a possible fentanyl overdose.

    Winnipeg Police Investigate Whether Young Child Suffered Fentanyl Overdose

    Nova Scotia Sees Sharp Spike In Opioid Overdose Deaths: 70 In Eight Months

    Nova Scotia Sees Sharp Spike In Opioid Overdose Deaths: 70 In Eight Months
    HALIFAX — Seventy people died of opioid overdoses in Nova Scotia in the first eight months of 2016, a spike that is raising early fears of a British Columbia-style crisis.

    Nova Scotia Sees Sharp Spike In Opioid Overdose Deaths: 70 In Eight Months

    Feds Seek Input On Shifting Some Mortgage Default Risk From Taxpayers To Banks

    Under Canada's current system, lenders are able to transfer virtually all of the risk from insured mortgages to insurers, which are indirectly backstopped by taxpayers, the government said.

    Feds Seek Input On Shifting Some Mortgage Default Risk From Taxpayers To Banks

    Surrey’s Seva Thrift Celebrates Diwali

    Surrey’s Seva Thrift Celebrates Diwali
    The air is crisp, the season is fall and Seva Thrift has now been open for 3 months. 

    Surrey’s Seva Thrift Celebrates Diwali