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While the incomes of Canada's wealthiest are increasing, the absolute wealth of our poorest is decreasing. As this gap grows, so too do the differences in people's health risks, care and outcome. The poorer people are in Ontario, the more likely they are to have shorter lifespans, to be overdue for screening tests and to suffer from multiple chronic health conditions.
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What does it take to become a millionaire? I posed that question to 52-year-old, self-made millionaire Bobby Genovese. With a net worth of over $200 million dollars, the venture capitalist seems like a pretty perfect person to offer up some valuable advice.
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Here's what the evidence says about the devastating outcomes of poverty: poorer health, more chronic disease, more avoidable deaths, social injustice, increasing demand and costs for healthcare services and reduced productivity of the workforce. On a large scale and over the long-term, inequality can also slow the economy and erode democracy, political and social stability.
A new report on Canadian finances shows the rich have nearly doubled their net wealth over the span of 13 years while the poor have -- you guessed it -- gotten poorer. Statistics Canada’s survey of f...
It's been a good year for Canada's super rich. According to Canadian Business magazine's latest rankings, the country's 100 wealthiest individuals clock in with a net worth of $230 billion. As Canadia...
We often hear that in Canada, "the rich are becoming richer while the poor are getting poorer." Fortunately, studies focusing on economic mobility in Canada tell a totally different and more accurate story. By looking at these data, it becomes clear that it is the poorest 20 per cent who enjoy the highest upward economic mobility.