Income gap widened to record high in second quarter, Statscan reports --[Reported by Umva mag]

While both highest and lowest earners saw gains, middle-income households are most burdened

Oct 10, 2024 - 18:59

Income gap widened to record high in second quarter, Statscan reports --[Reported by Umva mag]

The effects of higher interest rates in 2024 may have worsened the income gap between the top 40 per cent and the bottom 40 per cent of households in the second quarter of the year, according to Statscan's latest household numbers. Read More

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