US EditionCanada’s Income Gap Hits Record High as Top 40% Capture Two-Thirds of Earnings: Statistics Canada
- Statistics Canada reported that the income gap in Canada reached a record high, with the top 40 percent of households receiving 66.2 percent of after-tax income in 2025.
- The bottom 40 percent of Canadian households shared only 17.2 percent of income, highlighting a widening gap since 2021.
- Factors contributing to this gap include gains for the top 20 percent from investments while wages for the bottom 20 percent stagnate.
- Experts suggest that increasing taxes on the ultra-wealthy could provide funds for public services and address income inequality.
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Total News Sources15
Leaning Left14Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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