The gap between Canada's richest and poorest grew last year as financial markets gained, interest payouts declined and the job market softened, said Statistics Canada on Monday.

The agency says the income gap — measuring the difference in the share of disposable income between households in the top 40 per cent and those in the bottom 40 per cent — reached 46.7 percentage points in 2025.

The result compared with a gap of 46.4 percentage points a year earlier.

The wider gap came as the lowest-income households saw wages rise slower than the overall average and saw their investment income fall because of lower interest payments on savings, the agency said.

Meanwhile, Statistics Canada says the top 20 per cent of the wealth distribution accounted for 65.7 per cent of Canada's total net worth at the end of 2025, averaging $3.5 million per household.

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[–] 0li0li@lemmy.world 5 points 1 day ago (1 children)

Hey government! Maybe stop measuring and start acting.

[–] Phil_in_here@lemmy.ca 5 points 1 day ago (1 children)

What can we do? Tax them? Then they'll leave in droves! Do you want big AI companies to not build data centers overtop of small communities? Do you want our major grocers driven out of business and be replaced by local co-ops? Do you want all the Boston Pizzas to relocate to an island tax shelter? What are we going to have, local restaurants? IS THAT WHAT YOU WANT? NO BOSTON PIZZAS?

[–] HellsBelle@sh.itjust.works 4 points 1 day ago

You are brilliant!!! 👍