Poverty is Strangling Our Cities

It is the Easter season, and with the election finally upon us, maybe it is time to reflect on Canada's most major problem today. The consequences of not dealing with the catastrophic levels of poverty in this country are beginning to become deeper and destabilising to the Canadian economy as a whole. 

With each downturn, more and more Canadians fall between the cracks, and either fall all the way into homelessness and starvation. Or remain buried in an endless spiral of debt.

The economy can no longer sustain a dying middle class or massive income inequality in our country. With the US government's expansionist policies triggering an economic recession, Canada is forced to move decisively and rapidly to prevent the Canadian Economy from collapsing..

Both mainline parties' lines of thought are to provide substantial tax cuts to those already in control of most of Canada's wealth. Trickle-down economics has been a failure from day one and has created such a wealth gap that those who work for a living are trapped in an endless cycle of debt and poverty.

With corporate profit margins tightening, companies are raising prices to maintain the same profit levels for shareholders. We have reached the point where the bottom income earners and middle class combined can no longer sustain a vibrant economy, and Canada is failing. 

Working wages must increase, and corporate profits must be taxed more. To accomplish this, the first order of business is to make offshore tax havens illegal.

Secondly, the complete removal of corporate ownership of large-scale rental buildings. This was undoubtedly an election issue, but unless pressed, I feel no party will respond in kind.

Finally, a guaranteed annual income fully indexed for those most affected by the relentless poverty they are experiencing. 

This is just a start in dealing with the problems we are facing. It seems that, as global citizens, we keep repeating the same mistakes over and over again because this has happened before, starting in 1929.

Canada can build itself stronger;, the people just have to remain vigilant in order to save it. 

.