Canada’s system of supply managed eggs, chicken and dairy costs the poorest households almost five times more than wealthy families when its effects are adjusted proportional to income, according to a new study.
The IFS says:
The last decade as a whole was characterised by a very poor performance for average incomes. Between 2002–03 and 2009–10, no single year saw an increase in median income of more than 1.0%.
Why does a Richmond neighbourhood with many expensive mansions also appear to be one of the city’s poorest?
The upscale neighbourhood of Thompson, where properties typically sell in the $1-million to $3-million range, ranks high for poverty, according to Statistics Canada figures.
But former Richmond Mayor Greg Halsey-Brandt said the predominantly single-family Thompson neighbourhood has “the most expensive homes and the second highest level of household poverty” in Richmond because many residents under-report their global incomes to Canadian tax officials.
Companies like Netflix Inc. (NFLX), Amazon.com Inc. (AMZN) and Hulu are all capitalizing on the binge-viewing phenomenon. Binge-watching refers to the viewing of televised content for extended spans of time, usually a single television show. While viewers enjoy watching episodes of their favorite TV shows back-to-back, advertisers suffer because video-on-demand (VOD) providers do not want to alienate their viewers by running advertisements.