It takes nearly three times as much to be rich in Calgary as it does in the Niagara region.
You needed an income of $222,000 to be one of Canada’s top one per cent of earners in 2013, Statistics Canada says in a new
Canada’s economy expanded by 2 per cent in 2013, but new data from StatsCan shows wage earners saw virtually none of that
Canada has among the world’s wealthiest one-percenters, but they don’t hold a candle to those in the U.S., Australia or Switzerland
As much as engaging with traditional players is antithetical to Silicon Valley culture, it is increasingly a necessity to solve global solutions. Silicon Valley's recent successes have come under criticism due to the fact that they seem to be creating an "alternative" system that skirts existing established norms.
Headlines in the Globe and Mail, Toronto Star, and CBC all trotted out the cliché that the rich are getting richer while the poor are getting poorer, giving the impression of a doomsday-like wealth inequality gap. Fortunately, nothing could be further from the truth.
Even after having been debunked countless times over, utterly erroneous conclusions about the poor's well-being have yet again stolen the show because of a spiffy video making its way around the web. The statistics, which only show the distribution of income among quintiles over a given period, don't illustrate how well real people are truly faring.