Income Inequality
Journalists and financial reporters continue to assuage and appease the worried public by minimizing the damaged Canadian economy.  Andrew Coyne from MacLeans Magazine shows us graphs from Stats Can that indicate not such a wide spread between the years of 1980 to 2010.

What is less often heard is the massive amounts of funds not in circulation.


As of January first of this year, the last of five annual corporate tax cuts has been put in to affect to lower the rate a further 1.5 points to a total of 15 percent. That means that businesses will save an additional $2.85 billion this year. Through the third quarter of 2011 figures by Statistics Canada suggest Canadian business is squatting on more than $583 billion in Canadian currency and more than $276 billion if foreign currency. It seems those reserves have climbed 27.3 percent since 2007, back at a time when the Canadian economy was doing quite well for itself and the new corporate tax (then at 22.12%) cuts were announced. In fact, corporate taxes have been slashed by nearly half since 1990, when they were at 28%.  source:  404 System Error Blog