Statscan Reports Growing Wealth and Income Disparities in 2025
Statistics Canada has released a report highlighting the growing wealth and income disparities across the country. The data reveals that the divide between Canada’s wealthiest households and those at the lower end of the income scale has widened noticeably over the past year.
Income Disparities in Canada
The agency indicates that the income gap in Canada has reached 46.7 percentage points in 2025. This figure reflects the difference in disposable income between the top 40 percent of earners and the bottom 40 percent. For comparison, the gap was recorded at 46.4 percentage points in the previous year.
Wealth Distribution Overview
Wealth distribution is equally concerning. By the end of 2025, the top 20 percent of households accounted for an astonishing 65.7 percent of Canada’s total net worth. This group had an average net worth of $3.5 million per household.
In stark contrast, the bottom 40 percent of households held only 3 percent of the nation’s net worth, with an average wealth of $81,650 per household. This stark discrepancy emphasizes the growing financial divide within the country.
Comparison of Wealth Gaps
The wealth gap between the top 20 percent and the bottom 40 percent now stands at 62.7 percentage points. This marks an increase of 0.6 percentage points from the previous year, further illustrating the trend towards increasing inequality.
- Income gap (2025): 46.7 percentage points
- Top 20% wealth share: 65.7% of total net worth
- Average wealth of top 20%: $3.5 million per household
- Bottom 40% wealth share: 3% of total net worth
- Average wealth of bottom 40%: $81,650 per household
- Wealth gap (2025): 62.7 percentage points
These statistics shed light on the ongoing challenges Canada faces regarding income and wealth inequality. As the divide widens, policymakers are called to address the issues contributing to these disparities.
