The share of Canadians living in poverty also increased.
Kevin Lamarque / Reuters
"This is not a report about the rich and the poor. It's about the super-rich and the rest of us."
Marek Redesiuk via Getty Images
That brings their total worth up to $4.4 trillion.
Creatas Images via Getty Images
For many Canadians, the outcome of the United States election has been a shock. Trump's campaign, as inarticulate and venal as it was, tapped into important and deeply rooted realities, realities that may contain lessons for Canada too. Does Canada need to worry about the same festering malaise that has become so dramatically evident in the U.S.?
Sam Diephuis via Getty Images
An ever-larger share of Canadians are working in below-average wage jobs, CIBC says.
62 people own the same wealth as the half the planet, Oxfam data shows.
Morgan Stanley has put out an exhaustive report on inequality, in which the investment bank muses about the possibility of the middle class slowly going extinct. Growing inequality “can disrupt busine...
Canada’s economy expanded by 2 per cent in 2013, but new data from StatsCan shows wage earners saw virtually none of that reflected in their paycheques. The median after-tax income of Canadian househo...
designaart via Getty Images
The difference between how much women and men are paid in Canada isn't just a large amount — it’s actually a life-changing one. According to Catalyst Canada, a nonprofit organization that focuses on e...
-art-siberia- via Getty Images
The story beneath these statistics and trends is even more worrisome. United Way surveyed almost 3,000 people in our city to ask how they feel about their current situation and prospects for the future. We found that 86 per cent of people say the gap between rich and poor is too big -- a consistent sentiment regardless of income, age, education, or background.
Paul Taylor via Getty Images
The gap in physical and mental health between rich and poor teens has widened across North America and Europe, a Canadian researcher has found. McGill University psychologist Frank Elgar found wideni...
tillsonburg via Getty Images
Canadians “vastly underestimate” the extent of wealth inequality in Canada, but would still like to see a much more equal society, according to research carried out for the left-leaning Broadbent Inst...
Ugurhan Betin via Getty Images
Canadian wage earners take home less of the country’s total income than American wage earners do, according to new data from the International Labour Organization. There are many ways to measure econo...
OTTAWA - A new research paper for the C.D. Howe Institute says Canada can help combat rising income inequality by taxing people separately for their paycheque and investment income.The paper's author...