MONTREAL— Quebecers greatly underestimate the wealth gap in Quebec and would prefer a much more balanced distribution of wealth. These findings are the key takeaways from the first nationwide survey that asked Canadians from all provinces how they think wealth is distributed and what they think would be the ideal distribution.
It’s rare for a book on economics to become a bestseller. It’s even rarer for a book by a hitherto unknown economist to reset the discussion among economists and policy-makers over a vitally important economic issue. But that’s what French economist Thomas Piketty did with the publication earlier this year of his 700-page tome, Capital in the Twenty-first Century.
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 Institute.
Canadians drastically underestimate the country’s wealth gap but still show broad support for policies such as higher income taxes to address the problem, according to new research by an Ottawa-based think tank.
A new poll from the progressive think-tank The Broadbent Institute concludes that Canadians do not have an accurate picture of the difference between the amount of wealth controlled by the country's richest people and the amount controlled by the poorest.
Posted by NationBuilder Support · December 16, 2014 4:00 AM
Animated video shows what people think gap is compared to the ideal and actual wealth distributions
OTTAWA—Canadians vastly underestimate the wealth gap in Canada and want a much more balanced distribution. This is the key finding in the first-ever survey to ask Canadians what they think the wealth distribution is and what they think the ideal should be.