Wealth Inequality in Canada: Visualized for 2024 (Shocking)

In this video, we speak about the wealth inequality in Canada, visualized for 2023 with charts and graphs. Enjoy!

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[GriffinMilks]

In this video, we speak about the wealth inequality in Canada, visualized for 2023 with charts and graphs. Enjoy!
✅ Get $50 & Commission-Free Trades on Wealthsimple Trade: wealthsimple.sjv.io/yxYA3
-Griffin

[japjeetmehton]

Can you provide a list of all the references you used in the video? It would be a lot easier to find them and cross-reference the work that way.

[brettarogers]

How does the wealth divide include foreign entities holding CAD?

[TheSerenityV]

Surprising how little people in Canada are concerned about this. CEOs making $1, 000, 000 per month, boards of directors making $250, 000 a year for a few meetings. One can see how the whole system is out of balance. The question will be how to correct this.

[brianmason]

Would you please define "Middle Class". Its a term often used by govetnment, but never defined.

[xanthochromique]

Needing $7.3M to be in the top 1% is a bit of a surprise, I would have thought lower. Also, 20% of all Canadian families are Millionaires? I dunno... Credit Swiss estimate only 7.3% of Canadians are millionaires. Anyway, these are best guess reports and the variance is likely high.

[bvrod]

Very sad to see the disparity and that is only getting worse. The truly sad part is the top 20% is still eager to take from the poor and middle class. That damn is going to break at some point. Not because the greedy become more empathetic, but rather, the poor become less empathetic.

[spencerbriggs]

Perhaps out of your area of expertise, but what (in your opinion) is an economic policy solution to this?

[johnnyboyvan]

I find it hard to believe I am in the top 10 percent with 2.1 million networth and single...doesn't seem like it here in glorious Vancouver.

[hakohito]

Thats what happens when the country focus way to much on being like America 2.0 instead of building its economic and wealthare systems like Europe and Asia.

[rongendron]

The Canadian dollar is currently worth only $.73 to the USD, so Canadians should either demand much higher
wages to the US or much lower prices, for any comparison! Frankly, the average Canadian is simply too nice
& too polite to demand that their Govt. properly share their country's vast natural resource wealth, with every
citizen! Like Alaskans, who annually receive a check from their state's oil wealth, so should Canadians!

[prettypurple]

THEY DON'T KNOW HOW TO DRAW PIE CHART. TOP 20% OWN 67.1% 2.8% FOR BOTTOM