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The K-Shaped Economy
Millions of Canadians continue to struggle to pay the bills for the necessities of life, and with Donald Trump’s trade war and his new conflict in the Middle East, things are getting worse. Meanwhile, the stock market sets record highs and financial wealth become increasingly concentrated in the hands of a small minority. Based on income tax data, the richest 1.5% of Canadians own over half of all net financial wealth (based on distribution of capital gains).
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A Sequel We Don’t Want: What the 2026 Oil Price Shock Will Cost Canadians.
The war in the Persian Gulf has caused the biggest disruption in oil supply in world history, and is driving up costs and inflation around the world – including in Canada. New research from the Centre for Future Work, published through the False Profits project, shows how damaging this latest oil shock will be for affordability and inflation in Canada. It also proposes policies to protect consumers and workers.