Wealth Gap

• Income gap is at ‘record high’ amid weakening economy, StatCan says

  Canada's income divide remains at record high levels, according to Statistics Canada, which adds that the top 20 per cent hold the majority of household net worth in Canada.

  Money

  Oct 9
  
• Homeownership, pension plans playing big role in Canada’s wealth gap

  Homeownership was the main factor in the difference in net wealth among Canadians surveyed by Statistics Canada, with renters coming out behind on a median basis.

  Economy

  Oct 30, 2024
  
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• West Vancouver, Vancouver place near top of list ranking income inequality

  The highest-earning 10 per cent of households in West Vancouver made nine times more than the lowest-earning 10 per cent.

  Economy

  Sep 21, 2023
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• Wealth gap between rich and poor widens at fastest pace on record in Canada

  The top 20 per cent of earners in Canada held 67.8 per cent of the country's net worth, compared with the bottom 40 per cent holding 2.7 per cent.

  Canada

  Jul 4, 2023
• Pope Francis condemns the ‘greed of a few’ that widens poverty divide

  He later invited hundreds of needy, including migrants, to dine with him in a Vatican hall.

  World

  Nov 17, 2019
• Reality check: Examining U.S. poverty is not ‘insulting,’ experts say

  Extreme poverty in America is a 'political choice' that has been made worse by the Trump administration, according to a UN-backed report the U.S. dismissed as 'ridiculous.'

  World

  Jun 26, 2018
• The CEO got a huge raise. You didn’t. Here’s why.

  A new Associated Press study shows CEOs are enjoying lavish pay increases while most U.S. workers are stuck with stagnant incomes.

  Money

  May 27, 2014