Friday, April 04, 2014

Canada's Rich

SOYMB earlier related how 86 Canadian families are extremely wealthy.

To put it into some sort of perspective. Those 86 could buy every privately-owned asset in New Brunswick — every car, house and pension fund — and still have about $30-billion left over.
They make up only 0.002% of the population but have the same welth as 34% of Canadians.

The richest 20% account for 50% of income, and 70% of all Canadian wealth. 

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