The charts below show Canadian corporations’ profits as a share of GDP rising as Canadian workers’ wages and salaries as a share of GDP declined over the same period, 1990-2008.
Coincidence? While this obviously is not a complete picture, that near symmetrical correlation is not random.
I had seen several PowerPoints around Ottawa and online with the equivalent graphs for the U.S. economy, but not the Canadian ones for some reason. Hopefully this makes them easier to find.