With a federal election coming later this year, expect politicians to be talking non-stop about the middle class and its importance to the country. “The middle class is at the core of a cohesive, thriving society. And those people still classified as middle class saw their purchasing power stagnate or decrease. “Today the middle class looks increasingly like a boat in rocky waters,” said OECD secretary-general Angel Gurria. “A strong and prosperous middle class is crucial for any successful economy and cohesive society,” she wrote in a preface to the report.

Source: National Post April 11, 2019 16:59 UTC