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2mo ago

Statistics Canada Says Income and Wealth Gaps Widened Again in 2025

Rising asset prices alongside a softer job market drove the increase.

A Foodora courier is pictured as they pick up an order for delivery from a restaurant in Toronto on February 27, 2020. An overwhelming majority of Foodora couriers in Toronto and Mississauga voted in favour of unionizing months before the delivery app exited Canada. The Canadian Union of Postal Workers says 88.8 per cent of the couriers in the area threw their support behind unionization. The union is sharing the number because the Ontario Labour Relations Board recently unsealed and counted ballots nine months after a certification vote asked couriers last August if they wanted to unionized with CUPW. THE CANADIAN PRESS/Nathan Denette
The wealth gap between Canada's richest and poorest citizens grew in 2025, according to Statistics Canada.

Overview

  • Statistics Canada reported the income gap reached 46.7 percentage points in 2025, up from 46.4 a year earlier.
  • The income gap tracks the difference in the share of disposable income held by households in the top 40% versus the bottom 40%.
  • The top 20% held 65.7% of national net worth at year-end 2025, averaging $3.5 million per household, while the bottom 40% held 3%, averaging $81,650.
  • The wealth gap between the top 20% and the bottom 40% rose to 62.7 percentage points, an increase of 0.6 points from 2024, as markets advanced and wage gains lagged for the lowest earners.
  • A March MNP survey found Canadians had an average $1,000 left at month-end but 43% were within $200 of falling short and 29% could not cover bills, based on an Ipsos poll of 2,000 adults with a ±2.7-point margin of error.