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Statistics Canada reports wealth and income gaps grew in 2025
The top 20% held 65.7% of net worth, while the bottom 40% held 3%, as investment gains lifted wealthier households.
- On Monday, Statistics Canada reported that income and wealth gaps widened throughout 2025, with the income gap reaching 46.7 percentage points and the top 20% holding 65.7% of net worth, averaging $3.5 million per household.
- Financial market gains, lower interest payouts, and a softer job market drove the divide, leaving the bottom 40% of households with just 3% of total net worth, averaging $81,650 per household.
- Insolvency practice MNP Ltd. reported Monday that 43% of Canadians are within $200 of not meeting monthly spending needs, while 29% cannot currently cover bills and debt payments.
- Rising prices for essentials are forcing many Canadians to hold back on major financial decisions, straining household budgets amid uneven financial pressures across income levels.
- Wealth disparity has grown annually since the onset of Covid-19, as high-income households benefit from investment returns while low-income wages rise slower than the overall average.
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Gap between richest and poorest Canadians kept widening in 2025, StatsCan says
Statistics Canada 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.
·Canada
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The 20% of households with the highest wealth hold nearly two-thirds of the country's total net worth.
·Montreal, Canada
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The income and wealth gap between the best-earned and most-earned Canadians and those at the bottom of the scale has widened throughout the past year, according to Statistics Canada.
·Montreal, Canada
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The Toronto Star+11 Reposted by 11 other sources
Statistics Canada reports wealth and income gaps grew in 2025
OTTAWA - Statistics Canada says the income and wealth gaps between Canada's wealthiest and highest earners and those at the bottom increased throughout last year.
·Toronto, Canada
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Total News Sources18
Leaning Left8Leaning Right0Center8Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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