The income gap between Canada’s highest-and lowest-income households reached a record high in the first quarter of 2025, new data from Statistics Canada shows. Wealth disparity has grown each year since the onset of the Covid-19 pandemic, with high-income households gaining from returns on investments, and low-incomes households seeing wages steadily decline. Nivrita Ganguly has more on this and other top business stories in Business Matters for Thursday, July 17, 2025.
Economy
Business Matters: Income gap in Canada reaches record high in 1st quarter of 2025
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