The CBS admitted on Thursday that "Despite the rosy picture of
Canada's economy by Paul martin and other financial leaders,
there's a disturbing drop in most Canadians' stadard of living.
This has led to a growing gap between the rich and the rest of
Canada."
In 1989, the "average income" of Canadians was measured by
Statistics Canada to be $17,627. By 1996, it had dropped to
$16,726. Taking taxes into account, the disposable income in 1989
was $13,845 and $12,633 in 1996, a decline of 9 per cent. CBC
reports that "Statistics also show that while most Canadians got
little or no wage increases, the average Canadian executive got a
14 per cent raise."
Since the "average" of anything is arrived at by taking the
total and dividing it by the number of parts, it stands to reason
that if the incomes of "average Canadian executives" referred to
by the CBC were not figured into the total, the "average income"
of Canadians would drop significantly.
TML DAILY, 10/97
Shawgi Tell
Graduate School of Education
University at Buffalo
[EMAIL PROTECTED]
