Where The One Per Cent Lives

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WHERE CANDAS 1 PERCENT LIVES
Inspired by the latest round of debate over Canada’s income inequality, we decided to take a look at where the one per cent lives. Statistics Canada data on 2010 tax-filers who made at least $250,000, which is roughly the threshold of the top income percentile, reveals a similar story. (Photo: Chestnut Park) | Chestnut Park

Inspired by the latest round of debate over Canada’s income inequality, we decided to take a look at where the one per cent lives. Statistics Canada data on 2010 tax-filers who made at least $250,000, which is roughly the threshold of the top income percentile, reveals a similar story.

Many of the cities that boast the highest per capita incomes also have the highest concentration of quarter-millionaires and up. Nine out of the 20 metropolitan areas with the highest number of one-percenters per head, including the top four, are in Alberta. Fort McMurray, which came in first in our ranking of Canada’s richest cities, scores second place here. Saskatchewan, another resource boom story, counts three names on the list, only one shy of Ontario.

Read the whole story at Macleans