The Canadian Index of Wellbeing (CIW) launched its 3rd national report: How are Canadians really doing? The report compared eight domains of wellbeing from 1994 to 2014 and found a massive gap between GDP and our wellbeing.
Using data from the 2006 Census of Population and the 2011 National Household Survey, transitions from wage and salary employment to self-employment were examined among new mothers. These new mothers are women who had no children under the age of 6 in 2006 when they were in wage employment, but had such children in 2011.
In 2012, there are about 22,000 caregivers in B.C. that are over the age of 60 and looking after children 20 and older with a disability. These aging parents are growing in number and are finding it difficult to provide care for their adult children with developmental disabilities, including autism, cerebral palsy and Down syndrome.
To be considered part of the top 1% in 2014, a taxfiler must have earned a total income of at least $227,100. Over 268,500 Canadians were in this high-income group. The total average income of the top 1% has remained roughly stable, growing 0.4% from 2009 to 2014, while the average total income of all taxfilers grew 4.2%.
Recently, the Federal, provincial and territorial finance ministers have reached an agreement this year to expand the Canadian Pension Plan and address the shortfall in middle-income retirement planning by increasing contribution rates.