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CURRENT EVENTS SEPTEMBER 13

CURRENT EVENTS SEPTEMBER 13. WEALTHIEST 1% EARN 10 TIMES MORE THAN AVERAGE CANADIAN. T he median family income in Canada is $76,000 — generally higher in the west than the east — while the median individual income is just $27,600.

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CURRENT EVENTS SEPTEMBER 13

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  1. CURRENT EVENTS SEPTEMBER 13 WEALTHIEST 1% EARN 10 TIMES MORE THAN AVERAGE CANADIAN • The median family income in Canada is $76,000 — generally higher in the west than the east — while the median individual income is just $27,600. • The richest 10 per cent of individuals are making more than $80,400. And the very rich — the 272,600 individuals who make up the top one per cent — are all making more than $191,100. • Those people are making an average of $381,300 each, 10 times the average Canadian income of $38,700. The large discrepancy between the median and the average suggests there is a very small percentage of the super-rich. CURRENT EVENTS TERM ONE Sept 13 #2

  2. CURRENT EVENTS SEPTEMBER 13 • Canadians in general are an increasingly diverse population — aging, but also multi-racial, open to unconventional family structures, with women making huge strides in the workplace. • The rich, on the other hand, are a throwback to the old days: overwhelmingly male, between the ages of 45 and 54, almost always married or living in a common-law relationship. • Despite recent questioning of the value of university degrees, more than two thirds of the top one per cent had a university degree, compared to 20.9 per cent of the total population CURRENT EVENTS TERM ONE Sept 13 #2

  3. CURRENT EVENTS SEPTEMBER 13 • http://www.theglobeandmail.com/globe-investor/inside-the-market/market-view-video/video-market-view-who-are-canadas-1-per-cent/article14243530/ CURRENT EVENTS TERM ONE Sept 13 #2

  4. CURRENT EVENTS SEPTEMBER 13 PRINCE WILLIAM LEAVES MILITARY TO FOCUS ON ROYAL DUTIES • Prince William, the Duke of Cambridge, is leaving operational service with the British armed forces after more than 7½ years of full-time military service to focus on royal duties and charity work, Kensington Palace announced on Thursday. • William, 31, who has served as a search-and-rescue helicopter pilot in Wales since 2010, completed his final shift earlier this week. • William, who is second in line to the British throne, will focus on his work on endangered species and is "considering a number of options for public service." CURRENT EVENTS TERM ONE Sept 13 #2

  5. CURRENT EVENTS SEPTEMBER 13 • William, Kate and their newborn son are expected to move into their official residence at Kensington Palace in London in the coming weeks. • Kensington Palace said William had participated in 156 search-and-rescue operations, helping to rescue 149 people. He has completed more than 1,300 flying hours. Kate gave birth to the couple's first child, Prince George, in July. http://www.cbc.ca/news/world/story/2013/09/12/prince-william-leaves-operational-service-royal-air-force.html CURRENT EVENTS TERM ONE Sept 13 #2

  6. CURRENT EVENTS SEPTEMBER 13 BLOC QUÉBÉCOIS EXPELS MP OVER SECULAR CHARTER COMMENTS • On Tuesday, the Quebec government unveiled a proposed charter of values that would ban public employees from wearing religious symbols such kippas, turbans, burkas, hijabs and "large" crosses. • The federal government has vowed to challenge the proposed charter of values if it violates the rights of Canadians. • NDP Leader Tom Mulcair and Liberal Leader Justin Trudeau firmly rejected the proposed Quebec charter of values. • http://www.cbc.ca/news/canada/story/2013/09/12/pol-bq-maria-mourani-quebec-charter-of-values.html CURRENT EVENTS TERM ONE Sept 13 #2

  7. CURRENT EVENTS SEPTEMBER 13 • The Bloc Québécois has expelled MP Maria Mourani from its caucus over critical comments she made about the proposed Quebec charter of values. • Mourani will now sit as an Independent MP in the House of Commons, joining former Conservative MP Brent Rathgeber and former NDP MP Bruce Hyer. A graphic produced by the government of Quebec illustrates examples of religious symbols that would be acceptable, including rings and earrings CURRENT EVENTS TERM ONE Sept 13 #2

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