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Gap between richest and poorest Canadians widened again in 2025, StatsCan says

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Financial markets gained, interest payouts declined and job market softened, agency says
Author: 
Bickis, Ian
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Publication Date: 
13 Apr 2026
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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 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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"Many Canadians are not just feeling financial pressure, they are navigating an environment that continues to shift, increasing uncertainty and making it more difficult to plan, budget, and stay ahead financially," said Grant Bazian, president of MNP Ltd., in a news release.

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