Occupy Toronto has been going strong for a few weeks now, hosting protest marches on Saturdays and camping out in a park downtown, not far from Bay Street, Toronto’s financial district. Some might ask, why would Canadians want to participate in this movement? Canadian banks were subject to much stricter regulations than their American counterparts, and this meant that the subprime mortgage crisis, and the collapse of financial institutions that necessitated a more-than-major bailout stopped at the border. Canada didn’t make bad loans, our financial companies were not implicated in the mortgage-bundling schemes of Wall Street, and so our recession is not so much the product of Canadian policy as it is the result of our economy being so reliant on trade with the United States.
What is more, Canadian social policy is more generous than that of the United States, with universal health care, a much higher minimum wage, and a social safety net that resembles that of the United States before welfare “reform.” What could the Canadians possibly be complaining about? In a word, inequality.