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StatCan says income and wealth gap grew wider in third quarter
Income and wealth inequalities widened as the top 20% held 65.5% of net worth and the bottom 20% saw a 0.5% income decline, Statistics Canada reported.
- On Jan. 29, 2026, Statistics Canada reported income and wealth gaps widened in the third quarter of 2025 as financial-market gains favoured wealthier households, with the disposable-income gap rising to 47.5 points from 46.3 a year earlier.
- As markets rose and rates remained elevated, strong financial-market gains concentrated returns among wealthier households, while higher interest rates hit low-income households harder, StatCan said.
- Statistics Canada reported that the top 20% hold 65.5% of net worth with an average of $3.5 million, while the bottom 40% hold 3.1% averaging $82,100.
- The agency reported a 65.5% gap in the third quarter of last year, up 0.5 percentage points, reflecting gains at the top while low-income groups lagged.
- Published Jan. 29, 2026, the report arrives as StatCan notes the wealth gap widened in the third quarter amid rate and affordability concerns.
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16 Articles
16 Articles
The gap between the best-off households and those at the bottom of the scale in Canada widened in the third quarter of 2025.
·Montreal, Canada
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The gap between the best-off households and those at the bottom of the scale widened in the third quarter of last year, with significant gains in financial markets benefiting the rich.
·Montreal, Canada
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Winnipeg Free Press+10 Reposted by 10 other sources
StatCan says income and wealth gap grew wider in third quarter
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Coverage Details
Total News Sources16
Leaning Left8Leaning Right1Center4Last UpdatedBias Distribution61% Left
Bias Distribution
- 61% of the sources lean Left
61% Left
L 61%
C 31%
Factuality
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