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The Occupy Movement and the Top 1% in Canada
Author(s) -
Breau Sébastien
Publication year - 2014
Publication title -
antipode
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.177
H-Index - 98
eISSN - 1467-8330
pISSN - 0066-4812
DOI - 10.1111/anti.12044
Subject(s) - inequality , economic inequality , demographic economics , geography , movement (music) , hierarchy , percentile , distribution (mathematics) , economic geography , development economics , political science , economics , statistics , law , mathematical analysis , philosophy , mathematics , aesthetics
The Occupy movement catalyzed public debate on the issue of growing income inequality. This paper examines recent patterns of inequality in Canada, paying particular attention to changes in the characteristics of the top 1% of income earners. At the national level, the gap between the top percentile and the other 99% has widened considerably: in 2006, 11% of the nation's income was concentrated in the hands of top earners (whose mean income of $344,000 is 11 times that of the average Canadian) compared with 7.7% just 15 years earlier. Beneath such national‐level figures lie important geographical differences in the income hierarchy: the thresholds, average incomes and socio‐economic characteristics of the top 1% vary widely across provinces and cities. Among the most important spatial shifts observed is the growing concentration of high‐income groups in energy‐rich Western Canada, where Calgary has become the most unequal city in the country.