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Income gap reached record level new: Similarly. Nevertheless,
Income gap reached record level:
Statistics Canada indicates Wednesday that the income gap between the richest households. For example, the poorest households in the country reached a record level in the first quarter of 2025.
According to data from the federal organization. However. Therefore. Similarly, the gap from household disposable income between the wealthiest 40 % and the 40 % the poorest dug at 49 percentage points in the first three months of the year.
“This is not surprising given the economic uncertainty that we know and tensions on the labor market. Furthermore, Unemployment increases. In addition. Meanwhile. In addition, and it increases particularly among young people – young graduates who leave school do not find their first job, “says Katherine Scott, researcher specializing in gender equality and public policies at the Canadian Center for Alternative Policy.
“All of this contributes to great income gap reached record level new economic distress. and income gap reached record level new this is reflected in the data. Meanwhile. In addition. »»
This gap has income gap reached record level climbed each year since the start of the Cavid-19 pandemic, according to Statistics Canada.
For the first quarter of 2025. Meanwhile. the increase occurred while the richest households took advantage of the investments, while the poorest households saw their wages decrease.
Mme Scott stresses that many people located in the higher branch of income have not seen their income decrease during. the pandemic. many of them having kept their job.
“But above all. they were able to take advantage of the sharp increase in the investment markets which occurred at that time. which has continued to increase since,” adds Mr.me Scott.
Households The poorest 20 % experienced the lowest growth in their disposable income in the first quarter, or 3.2 % compared to the previous year, their average income gap reached record level new salary having slightly decreased by 0.7 %.
“I think this income gap reached record level new is generally linked to low income growth for low -income people. those who earn less than income gap reached record level average income. They find it difficult to reach both ends. On the other hand. income growth is rather positive for people whose revenues are above average. ”analyzes David Soberman, professor at the Rotman School of Management.
“When this happens. we are witnessing an digging of inequalities of wealth, which, in my opinion, generates a lot of frustration in society. »»
Income gap reached record level new
Income gap reached record level new
Income gap reached record level
The heritage gap. also widens
Households with the weakest. income also recorded the highest drop in net investment income. which dropped by 35.3 %, while net transfers, including increased government support measures, increased by 31.2 %.
The average disposable income of people income gap reached record level new belonging to the richest 20 % increased to the fastest rate of all income. tranches in the first quarter of income gap reached record level new 2025. benefiting from an increase of 7.7 % compared to the previous year.
Households with the highest income saw their average salary increase by 4.7 % and income gap reached record level their investment income increased by 7.4 %.
Statistics Canada specifies that the wealth difference has also widened, the richest 20 % representatives 64.7 % of Canada’s total net value in the first quarter, with an average of $ 3.3 million per household.
The poorest 40 % represented 3.3 % of the net value, an average of $ 85,700 per household.
Mme Scott explains that after the 2008-2009 recession. there had been a “real debate” on the increase in income inequality. which does not seem to be the case today.
“This type of information, the largest gap ever income gap reached record level new recorded, is an alarm signal. We cannot maintain this situation. we must pay attention to the structure of our economy. to the distribution of it, income gap reached record level new ”she insists.
“We have to grow the cake, but we must also talk about its distribution. It is important that people can lead a decent and worthy life. I think it is income gap reached record level a really important public policy objective. which seems to have been lost by the current debate. »»
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