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Statistics Canada says income gap hit record high in first quarter
Thursday, July 17th, 2025
… the difference in the share of disposable income between households in the top 40 per cent of the income distribution and the bottom 40 per cent grew to 49 percentage points in the first three months of the year… For the first quarter of 2025, it said the increase came as the highest income households gained from investments, while the lowest income households saw wages decline… “This kind of information, the largest gap ever, it’s a wake-up call…”
Tags: economy, participation, standard of living
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