wealth inequality

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Wealth inequality in Canada—why worry?

Between 80 per cent and 87 per cent of Canadian wealth inequality is due to the life-cycle effect.

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Some of us are making a lot of money because we’re at that stage of life—others of us aren’t.

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Age explains most wealth inequality in Canada
It’s also a fact that wealth inequality in Canada has been declining since the early 1970s.

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Most Canadians under the age of 25 have little or no wealth.

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Individuals, entrepreneurs and businesses can become successful by providing goods or services to people at a price and quality they demand.

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I wonder if the recent rise in the "trust gap" might have anything to do with the perception that governments are outrageously inefficient stewards of citizens' money?

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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.