haves and have-nots

10% of Canadians hold half the wealth, report shows

Mia Rabson / Winnipeg Free Press

Nearly half the wealth in Canada sits in the hands of just 10 per cent of the people, a new report from the Broadbent Institute said Thursday.

Haves and Have Nots: Deep and Persistent Wealth Inequality in Canada uses data the Broadbent Institute purchased from Statistics Canada's survey of financial security, which was released last February.

Rick Smith, executive director of the Broadbent...

As inequality grows, so does the will to fight it

Call me crazy, but as our elected representatives return to Parliament next week, I’m actually feeling a little hopeful.

That’s because as we approach a critical election next year, the pressing issue of inequality might finally take centre stage. It’s more than a hunch. Inequality is clearly forming roots in the public imagination.

The soil was fertilized by the success of Thomas Piketty’s authoritative economic tome on inequality, Capital in the Twenty-First Century , and we’re now seeing the problem being raised by a diverse group of people


Rich getting richer & poor getting poorer, Broadbent Institute data shows

CBC News

The gap between people at the top of Canada's wealth pyramid and those at the bottom is widening and showing no signs of stopping, a major left-leaning think-tank says.

In a report out Thursday, the Broadbent Institute looked at the most recent Statistics Canada data on wealth levels of Canadians. The data agency typically divides the country into five groups of 20 per cent of the population, known as "...

Canada’s poor took big financial hit in recent years, report finds

Janet McFarland / The Globe and Mail

The poorest 10 per cent of Canadians saw their net worth fall by 150 per cent between 2005 and 2012 while Canada’s richest 10 per cent saw a huge increase in their net worth in the same period, a new report shows.

A wealth study by the Broadbent Institute shows poorer Canadians have watched their proportion of the country’s wealth decline in recent years, but also...

Canada's Wealth Gap Is Growing As Poor Get More In Debt: Report

Daniel Tencer / Huffington Post

Those rosy reports about Canadians’ net worth growing and the country's middle class being among the richest in the worldare masking growing inequality in the...

Canada's inequality growing: Stats Can

Dana Flavelle / Toronto Star

The rich are getting richer and the poor are getting poorer in Canada, a new analysis of Statistics Canada data by an Ottawa-based think tank shows.

The study found that, much like the income gap, Canada’s wealth gap is also widening, the Broadbent Institute said in a statement Thursday.

“With much of the public debate focused on the growing problem of income


Richest tenth of B.C. families has half of province's wealth: report

Chad Skelton / Vancouver Sun

The richest 10 per cent of B.C. families has more than half of the province’s wealth, according to a new report from the left-leaning Broadbent Institute.

In contrast, the bottom half of the province has just three per cent of the wealth.

That gives B.C. the highest rate of wealth inequality in the country: In B.C., the richest 10 per cent of families control 56 per cent of the province’s wealth...

Subscribe to RSS - haves and have-nots