Income inequality in Canada is on the rise—especially in the country's largest cities. CCPA analysis of new data finds the richest 1% of Canadians make almost $180,000 more today than they did in 1982 (adjusted for inflation), while the bottom 90% of Canadians saw income gains of only $1,700.
In Canada’s three largest cities—Vancouver, Toronto, and Montreal—the bottom 90% make less today than they did in 1982. They’ve seen drops in income of $4,300, $1,900, and $224, respectively. The top 1% in those cities saw pay increases of $189,000, $297,000, and $162,000, respectively.
No province has managed to become more equal since 1980. Instead, all provinces have become more unequal, although to varying degrees.
Click here [2] for more analysis, and check out our infographics below.
Pour une analyse québécoise (en français), visitez le blogue d'IRIS: Le 1% au Québec (1): plus de revenus, moins d’impôts [3].
(Click to enlarge) [4] [5]