Wealth Inequality
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Americans 75 and older are wealthiest age group, Fed survey findsThe median net worth of the richest one-tenth of American families soared 31 per cent to $3.6 million from 2022 to 2025, the survey found.ConsumerOct 9
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Income gap is at ‘record high’ amid weakening economy, StatCan saysCanada'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.MoneyOct 9, 2025
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World could get its 1st trillionaire within a decade, Oxfam predictsThe world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities.WorldJan 15, 2024
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Amid Davos, calls are growing to tax the ‘ultra rich.’ Where does Canada stand?'Wealth inequality is out of control and is at levels that we haven't seen before,' said one advocate for higher taxes on the world's wealthiest people.CanadaJan 18, 2023
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Canadians want companies to do more to tackle climate change, low wages: pollCanadians do not believe businesses are doing enough to address the societal challenges of our time and want more engagement from their business leaders, a new survey has found.ConsumerFeb 16, 2022
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Pandora Papers expose financial crime enablersAdvisers, bankers, lawyers, accountants, notaries and estate agents may not be as wealthy as their clients, but are paid millions to hide trillions, says Marc Tasse.CommentaryOct 7, 2021
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Conservative leader says party must take financial inequality more seriouslyErin O'Toole said that the way the country creates wealth needs to be reframed, or else "less reasonable'' forces will do it instead in a speech Friday.PoliticsOct 30, 2020
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World’s richest 2,000 people control more money than poorest 4.6 billion: OxfamIn a report released ahead of the World Economic Forum in Davos, Oxfam said it estimated that unpaid care work by women added at least $10.8 trillion a year in value to the world economy -- three times more than the tech industry.EconomyJan 19, 2020
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World’s richest 26 billionaires own as much money as 3.8 billion poorest people: OxfamBillionaire fortunes increased by 12 per cent last year — or $2.5 billion a day.EconomyJan 20, 2019
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