• Français
FacebookTwitterYoutubeInstagram
Find Your Local Union
Subscribe to E-news
 
Login
Contact

UFCW Canada - Union Logo

Canada's Private Sector Union

  • About Our Union
  • Media & News
  • Resources
  • Issues
  • Action Centre
  • Join the Union

By the Numbers – Canada’s Wealth and Inequality Gap

Toronto – May 9, 2014 – Over the past decade, there has been a significant increase of wealth in this country. However, the vast majority of the new wealth generated by the economy has increasingly gone to a tiny proportion of the population – the Wealthy 86. They are the richest 86 people in the country, and they control a third of all the wealth in Canada.

86

In 2012, the 86 wealthiest individuals and families in Canada held the same amount of wealth as the poorest 11.4 million Canadians combined.

0.002%

The Wealthy 86 represents only 0.002 per cent of Canadians, yet holds the same amount of wealth as the bottom 34 per cent of the population.

50%

The richest 20 per cent of families in Canada take almost 50 per cent of the country’s total income.

70%

The richest 20 per cent of families in Canada control almost 70 per cent of all wealth.

66 cents

For every new dollar of real wealth generated in Canada since 1999, 66 cent has gone to the wealthiest 20 per cent of families.

23 cents

For every new dollar of real wealth generated in Canada since 1999, 23 cents has gone to the middle class – 20 per cent of the population.

A dime

For every new dollar of real wealth generated in Canada since 1999, the bottom 60 per cent of families received only 10 cents.

$178 billion

Combined assets of the 86 wealthiest individuals and families in Canada.

$141 billion

Combined assets of the total population of New Brunswick. The Wealthy 86 have enough money to buy everything in the private hands of everyone in New Brunswick – with $37 billion to spare.

 

SOURCE: Canadian Centre for Policy Alternatives, Outrageous Fortune – Documenting Canada’s Wealth Gap

  • Media & News
    • News
      • All News
      • Agriculture
      • By the Numbers
      • Campaigns
      • Directions Newsletter
      • Infographics
      • Politics
      • Social Justice
      • Women and Gender Equity
      • Young Workers
      • Health & Safety
    • Media
      • Videos
      • Photo Gallery
      • Posters
    • Subscribe to E-news
  • Join the Union
  • About Our Union
    • About Our Union
      • Find Your Local Union
      • National President
      • National Council
      • Constitution
      • Union History
      • Mission Statement
      • Annual Reports
      • Join UFCW Canada
  • Media & News
    • Media & News
      • News
      • Media
      • Subscribe to E-news
  • Resources
    • Resources
      • Union Training & Scholarships
      • Health & Safety
      • The National Defence Fund
      • Member Discounts
      • Great Canadian Food Products
      • UFCW Canada Equity Grant Program
  • Issues
    • Issues
      • Leukemia Fundraising
      • Political Action
      • Women and Gender Equity
      • Social Justice
      • The Union for Agriculture Workers
      • UFCW Pride – Union Pride!
      • Young Workers
      • Food Justice
      • Global Solidarity
      • Uber Drivers United
      • Conscious Cannabis
  • Action Centre
    • Action Centre
      • Paid Sick Days Now!
      • Stop the Hate! Support an anti-racist COVID-19 recovery
      • Add Your Voice to the Call for Universal Childcare
      • Take Action to Protect Farm Workers and Canada’s Food Supply
      • Show your support for frontline workers
      • Help Food Processing Workers!
      • Economic Security for All
      • What you need to know about COVID-19
      • Support the expansion of EI benefits
      • Help support justice for First Nations children in Canada
      • Support Uber Drivers
      • Tell Sobeys to protect workers and ditch toxic receipts
      • Save The Beer Store
      • #NoMore campaign to end gender-based violence
      • Help close the Gender Wage Gap today
      • Stop Cargill’s union-busting in Turkey
  • Join the Union
    • Join the Union
      • Why UFCW Canada
      • Union Advantage
      • Union Facts
      • Frequently Asked Questions
      • Everything About Unions
      • Industries We Represent
      • Workplaces We Represent
      • How to Join a Union
      • Join Now

Login

FacebookTwitterYoutubeInstagram

Copyright © 2022 UFCW Canada. All Rights Reserved
United Food and Commercial Workers Union
Canada's private sector union