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    Die Einkommensungleichheitslücke vergrößert sich in Kanada, da die reichsten 20 % ihr Nettovermögen am schnellsten steigern: StatCan


    Die Einkommensungleichheitslücke vergrößert sich in Kanada, da die reichsten 20 % ihr Nettovermögen am schnellsten steigern: StatCan

    https://ca.finance.yahoo.com/news/income-inequality-gap-widens-in-canada-as-wealthiest-20-increase-net-worth-at-fastest-pace-statcan-195402459.html

    View 19 Comments

    19 Comments

    1. hairybeavers on

      TLDR: Income inequality in Canada hit a record high in Q2 2024, according to Statistics Canada, with the wealthiest 20% seeing the fastest growth in net worth. Despite wage increases for the lowest-income households, their gains were outpaced by higher-income earners, driven by greater investment income. The top 20% now hold 67.7% of the country’s total net worth, while the bottom 40% hold just 2.8%. Younger households have reduced mortgage debt due to rising housing costs, while older households have increased theirs, possibly for investments or family support.

    2. Hicalibre on

      It’s OK guys.

      We can be in the upper-half of the median income by being a Burger King manager.

    4. Single_Rain4899 on

      Your house is an asset. If the government will protect the value of that asset, and lower interest rates will cause it to increase in value, your net worth will go up. Duh.

    5. willab204 on

      It’s almost like currency debasement works against the working class… who would have guessed.

      Maybe it’s time to get serious about both fiscal and monetary policy with the objective of preserving purchasing power, not giving away ‘free’ things.

    6. MarxCosmo on

      Huh, country that only votes for rich people who back their rich friends through policy has its rich people getting richer and richer.

      What a shocker

    7. loose_larry on

      Bottom 40% having 2.8% is fucking rofl status. We are not that far away from random immigrant DoorDash driver having the same life-outcomes as an average new grad from one of our big universities with no family money.

      At least the DoorDash driver knows he’s not gonna make it. The new grad will grind for a decade thinking they might get somewhere someday. In reality they’ll have the same life as DoorDash guy – forced to have multiple roommates, can’t afford vacations, retirement, food, emergencies.

      A Canadian turns 18 in 2024. What number is higher – the after-tax lifetime salary of that person, or the appreciation on an average detached home in this country?

    8. Redbroomstick on

      Can someone break out the quintiles or send a link to the stats Canada page.

      What the household income for each quintile and corresponding net worth?

    9. DiaryOfTheMaster on

      The division is between landlords and renters. As long as we let the rich monopolize the ownership of homes, we will always be on our knees and beholding to them, right where they want us.

    10. Rowdy_Roddy96 on

      And somehow people believe voting Pierre in or re electing Trudeau will fix this issue? No thank you!

    11. tspshocker on

      As someone recently identified as being in the top 8% (or 92nd percentile) of net worth, based on a similar recent Stats Can report, great for me.

      I love seeing my net worth increasing when the stock market goes up, for doing nothing other than being smart enough to save and invest some of my paycheque for the past 25 years.

      As for those on the poors side of the “inequality gap”, not losing any sleep over them.

    12. BadUncleBernie on

      Looks like a lot of you will be joining the tent cities soon.

      My advice …. get the canvas one.

    14. Phonereditthrow on

      Let’s import more slaves, opps I mean tfw workers and take there passports hostage. Surely that will help the poor and gap. 

    15. riseagainst786 on

      GDP per capita is the only thing that should matter. Increasing immigration temporarily increases country’s GDP but long term effects are lower quality of life for all.

    16. Nickyy_6 on

      Wow it’s almost like capitalism’s soul purpose is to produce profits and inventions and nothing else.

      Fuck quality of life GDP is going up!

    17. Manofoneway221 on

      Very good we are on our way to the two tier society with landowners and the peons locked into servitude to them

    18. Particular-Act-8911 on

      Hilarious the same government that preaches about the unfairness of economic inequality, is also the people who are contributing to the problem the most.

      Be careful how you vote.

    19. Imminent_Extinction on

      Taxes against the wealthy are being rolled back, public services for the poor and middle class are being cut, more public monies are being spent on corporations, profits are being funnelled out of local economies into foreign holdings, CEO pay has *dramatically* outpaced worker pay, real wages for the average worker are stagnating, the industries with the most capital gains have been continually cutting workers, etc. etc. etc.

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