Via Calgary Herald
CALGARY - A new study says there was a dramatic rise in pay for Canadians in the top one per cent of incomes in the past 25 years, and it wasn't clearly tied to talent or performance.
The study by the Institute for Research on Public Policy found the top one per cent of wage earners in Canada saw a 73 per cent rise in incomes between 1981 and 2006 compared with a 12 per cent rise in incomes overall.
Of that overall income growth, the top 10 per cent saw most of it, while the rest had "negligible" income growth, the study said.
"Before you get to the top 10 per cent there is essentially a complete stagnation," said Thomas Lemieux, who co-authored the study with W. Craig Riddell.
CALGARY - A new study says there was a dramatic rise in pay for Canadians in the top one per cent of incomes in the past 25 years, and it wasn't clearly tied to talent or performance.
The study by the Institute for Research on Public Policy found the top one per cent of wage earners in Canada saw a 73 per cent rise in incomes between 1981 and 2006 compared with a 12 per cent rise in incomes overall.
Of that overall income growth, the top 10 per cent saw most of it, while the rest had "negligible" income growth, the study said.
"Before you get to the top 10 per cent there is essentially a complete stagnation," said Thomas Lemieux, who co-authored the study with W. Craig Riddell.
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