Equality In Canada

I believe that Canada prides themselves on being a very equal country for the most part, equality is “the state of being equal “(Collins English Dictionary, 2015) no matter what race or gender you are. As much as Canada prizes itself of this equality I don’t believe it is present in Canada’s education system. If you look at schools in Canada, it is easy to see that they change dramatically from facility to facility. Poor or not as developed towns/cities seem to not have as many resources available to them. Schools in wealthy neighborhoods seem to have better funding, school materials, teachers, and, overall, quality.
Equity is the difference between the value of the assets/interest and the cost of the liabilities of something owned (Wikipedia, 2015). When schools are put in native towns for example that are up north the town doesn’t have much money so they can’t afford some basic things such as textbooks, and even qualified teachers, that a school in the suburbs of Toronto would have
Equity means fairness and without fairness, the market has a potential to crash because of producers driving up prices on certain items, making it hard for people that need this item to pay for it and acquire it. In Cocktail Party Economics, Adomait says in her book, “Things can make people happy. Eating is better than starvation. Shelter is better than privation.” (Pg. 103) which I think means that all people aren’t greedy and some people will give some things up for a necessary need. In a financial market people must beable to make their decision based off of equity and fairness and less of off what suits them best.
Overall Equality and equity are important foundations in both free markets and the school systems, it is the basis of everyone getting a fair chance and being able to achieve their full potential. Equality and equity prevent minorities from dominating other minorities giving everyone an equal shot at