"Statistics Canada reported that the income gap measuring the difference in disposable income between the top 40 percent and bottom 40 percent reached 46.7 percentage points in 2025, up from 46.4 percentage points the previous year."
"The top 20 percent of the wealth distribution accounted for 65.7 percent of Canada's total net worth at the end of 2025, averaging $3.5 million per household, while the bottom 40 percent held only three percent."
"Insolvency practice MNP Ltd. noted that financial pressures remain uneven, with some Canadians unable to cover bills and debt payments, while many are holding back on major financial decisions."
In 2025, the income gap between Canada's richest and poorest households widened to 46.7 percentage points. The lowest-income households experienced slower wage growth and decreased investment income due to lower interest payments. The top 20 percent of wealth holders accounted for 65.7 percent of total net worth, averaging $3.5 million per household, while the bottom 40 percent held only three percent, averaging $81,650. Financial pressures remain uneven, with many Canadians struggling to cover bills and making cautious financial decisions.
Read at www.cbc.ca
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