Inequality Affecting the Canadian Public Essay - 1238 Words

Inequality in Canada is not as prominent as many other places around the world, although it does remain in certain segments of Canada. There are many forms of inequality in Canada and internationally, although this papers main focus is going to be the inequality of wealth. According to Steven Kerstetter â€Å"Canadians may view their country as a land of opportunity, but it is also a land of deep and abiding inequality in the distribution of personal wealth† (Kerstetter 2002). The â€Å"gaps between the rich and poor remain evident in Canadian statistics† (Kerstetter 2002), Canadians have always kept financial security as an essential element of life and have tried to obtain and sustain it within their lives. Frank Cunningham’s article, â€Å"What’s†¦show more content†¦This means that the public are the people who are affected by the indirect and direct consequences of a society. Most Canadians make financial security a primary element of life. It is said that â€Å"poor people are least able to withstand any kind of financial crisis because they have so few assets and often have outstanding debts. People in the middle may be squeezed because so much of their wealth is tied up in housing. Only people with above-average wealth enjoy true financial security because they have sizable financial assets in addition to housing and other non-financial assets† (Kerstetter 2002). The segregation in the public causes inequality and degradation among the two classes in Canada and internationally. In an article written by Errol Black and Jim Silver, they stated that â€Å"tax changes benefit people with very high incomes† (Black and Silver 2010). They also noted that â€Å"the people who pay the highest price in highly unequal societies are the poor, who are much more likely to live short, unhealthy and unhappy lives† (Black and Silver 2010). This shows that the poorer people in society are put more at a disadvant age and that society is set up to take more money from the poor and less money from the rich. Due to the fact that they contribute a lot of their money into taxes and the economy, it makes it even harder for them to overcome their financial crisis. This results in them working at poor jobs in poor conditionsShow MoreRelatedCanadian Income Inequality And Its Impact1007 Words   |  5 Pages Canadian Income Inequality and Its Impact Sarah Pitre - 100 511 731 University of Ontario Institute of Technology Canada has always taken great pride in its health care system. Publicly funded, Medicare has helped many, but has also aided in masking one of this country’s largest growing problems. Income inequality is highly prevalent throughout Canada, affecting the health of its citizens, and over-burdening its health care system. 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