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Extra, Extra: Income Inequality, Conrad Black, and the Greenbelt Strategy
Every weekday’s end, we collect just about everything you ought to care about or ought not to miss.
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- A new United Way study shows that Toronto’s income inequality is now the worst in the country. The report reveals that between 1980 and 2005 income inequality grew by 14 per cent across Canada, but that number was more than twice as bad in Toronto, where it grew by 31 per cent.
- Remember Conrad Black? The newspaper baron formerly known as Lord Black of Crossharbour, who never met a word with enough syllables? Well he got more bad news today, as the Ontario Securities Commission released a decision that Black, who was convicted of fraud in the U.S. and served 37 months in prison, will be unable to act as a director or officer of companies that issue securities in Ontario. Black was defiant, raising the idea that the OSC was out to get him and that he didn’t want to be on boards of directors anyway. Does that sound like a childish reaction? Yes, yes it does.
- Former Toronto mayor David Crombie has been tapped to lead the Province’s Greenbelt Panel, which will review the 10 year old government land use policy. Crombie has experience leading blue ribbon panels, including a royal commission on the future of the city’s waterfront.
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