1000bill_thumb-1.png
1000bill_thumb-1.png

Ontario’s Richest 10% Take Home More Money Than Bottom 60% of All Families Combined

Ontario's richest families now earn more than a majority of the province's working families combined.

September 6, 2017

NEWPP.gif

Everybody knows inequality is a problem – but just how big has the problem become?

According to new research from the Canadian Centre of Policy Alternatives, Ontario’s richest families now earn more than a majority of the province’s working families combined.

The CCPA report examines 15 years of data on income from Statistics Canada and finds that “the lion’s share of earnings goes to the richest families, at the expense of the rest.”

Strikingly, the data shows Ontario’s top 10% of families received 29.2% of all income earned in the province between 2013 to 2015.

That’s better than the bottom 60% of Ontario’s working families combined – they earned only 28.4% of all income.

distribution-richest10-bottom60.png

CCPA’s findings are of special interest at a time when calls to raise the minimum wage and crack down on precarious work and other exploitive labour practices have been making headlines. 

Looking at how real earnings (meaning income from wages, salaries and self-employment) of Ontario families with children under 18 are distributed across the province, the scale of inequality in Canada’s biggest province is hard to miss.

Although the richest 10% control almost one-third of all income, Ontario’s poorest 10% of families gets only 0.2% of all income – middle-income families take home only 7.6% of the pie.

The report points out those in the lowest income decile likely only have that much thanks to “social assistance” and “government transfers,” but it finds that overall “lower–middle class and working poor families are losing ground” in Ontario thanks to “slow economic growth and increases in precarious work.”

CCPA also notes their study did not take into account capital gains and other investment income, meaning the true wealth of Ontario’s richest families could be vastly understated – many CEOs receive compensation in the form of stock options to take advantage of a tax loophole, for example.

distribution-realearnings-ontario.png

Looking at the big picture, Canada isn’t in much better shape than Ontario.

Canada’s richest 10% of families takes 28.1% of all income in the country, 1.1% lower than Ontario.

Canada’s poorest 10% of families gets only 0.3% of all income while middle-income Canadian families take home 7.7% – in total, the bottom half of all Canadian families receives less than one-fifth of all income.

distribution-realearnings-canada.png

pressprogress-invest-button.png

Most Shared

Invest in our work

We break news and shine a light on stories Canada’s major media outlets miss. But we need your help to keep making an impact.

Subscribe to our Friday Newsletter

Too busy to follow the daily news? Get the inside scoop on the entire week’s news sent to your email inbox every Friday at noon.

Invest in our work

We break news and shine a light on stories Canada’s major media outlets miss. But we need your help to keep making an impact.

labour-day_thumb-1.png
labour-day_thumb-1.png

9 Times Canada’s Labour Movement Made History and Shaped the Country We Live in Today

Here are just nine examples where unions proved they have the power to make history.

September 4, 2017

NEWPP.gif

Many students in Canada will be heading back to school after Labour Day.

But they might not spend much time talking about the history of Canada’s labour movement or their basic rights under existing labour laws – in much of Canada, this history has been glossed over or ignored, leading some academics to conclude “the Canadian worker has been a neglected figure in Canadian history.”

Except it’s not that hard to find examples of…