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.
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.
OTTAWA—Wealth in Canada is concentrated heavily in the top 10% – with the bottom 50% combined accounting for less than 6% of all wealth, a new study by the Broadbent Institute has found.
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.
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.
The Canada Pension Plan is hiding the fact that its administrative costs have more than tripled since 2006 because of transaction and external management fees, according to a new report from a conservative think-thank.
Author and policy leader to address high-level November event
OTTAWA—Renowned economist and author Robert Reich will be the keynote speaker at the Broadbent Institute's second annual Progress Gala this November in Toronto. Reich, a high-profile business commentator and expert on the income inequality crisis, will make the case for a fairer economic future to an audience of political leaders and policy influencers.