Why Canada should adopt pay ratio disclosures

, The Globe and Mail
Published April 19, 2020

Desjardins Group – president and CEO Guy Cormier seen here on June 20, 2019 – Canada’s seventh-largest financial institution, has voluntarily disclosed the pay ratio of its CEO to its median employee since 2012. — Paul Chiasson/The Canadian Press

Economic fallout from the novel coronavirus pandemic is amplifying the scourge of income inequality.

The twin health and economic crises are especially hurting lower- and middle-income Canadians who were already struggling to get by. Last month alone, 3.1 million Canadians either lost a job or worked fewer hours.

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