Wealth advantage for Canada’s affluent starts at a young age

Posted on in Equality Debates

PolicyAlternatives.ca – Publications/Reports & Studies – The Wealth Advantage: The Growing Wealth Gap Between Canada’s Affluent and the Middle Class.
June 26, 2015.   David Macdonald

Headstart: Infographic <https://t.e2ma.net/click/16z2h/hvt64/p5iffd >

Our latest report draws on 13 years of Statistics Canada data to examine the extent of wealth inequality in Canada. It finds that Canada’s wealth gap is big and growing — the wealthiest 10 per cent of families enjoy a net worth that’s millions more than families in the middle of the income spectrum — and that wealth advantage starts early in an affluent family’s life. Young affluent families in their twenties have a major wealth advantage: their net worth is already higher than middle class families in their fifties and sixties.

Click the image above to check out our infographic and read more in the report,

< https://www.policyalternatives.ca/wealth-advantage?utm_source=newsletter&utm_medium=email&utm_content=Wealth%20Advantage&utm_campaign=Newsletter%2006/26/2015 >

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