Close X
Friday, November 15, 2024
ADVT 
National

More Canadian Women Join Top One Per Cent While Gap With Poor Grows: Report

Darpan News Desk The Canadian Press, 16 Dec, 2016 12:54 PM
    MONTREAL — Statistics Canada says more women are joining the one-per-cent club but still accounted for less than one-quarter of the country's top earners in 2014.
     
    The agency says in a new report that women accounted for 22 per cent of the top one per cent of tax filers in 2014, compared to 10 per cent in the early 1980s.
     
    Canada had 268,500 tax filers in the top one per cent in 2014, earning at least $225,100.
     
    Although the top one per cent earned about 12 per cent of all income in Canada in 2014, the rich have gotten richer since 1982.
     
    The bottom half of income earners saw their share of total Canadian income decrease 28.4 per cent between 1982 and 2014, while the top one per cent's share grew 53 per cent.
     
    The wealthiest have seen their share of Canada's income grow since the Second World War but is still below the levels during the Great Depression.

    MORE National ARTICLES

    Fighter Pilot Killed In Training Crash Had An Important Job: Family

    Fighter Pilot Killed In Training Crash Had An Important Job: Family
    A statement from the family and fiancee of Capt. Thomas McQueen says they are devastated by his death, but know that he was doing an important job.

    Fighter Pilot Killed In Training Crash Had An Important Job: Family

    'Surprising And Stressful:' Small-Town Alberta Woman Claims $50m Lotto Max Win

    'Surprising And Stressful:' Small-Town Alberta Woman Claims $50m Lotto Max Win
    Lois Olsen of Irma, about 180 kilometres southeast of Edmonton, says she discovered her win the day after the Nov. 11 draw.

    'Surprising And Stressful:' Small-Town Alberta Woman Claims $50m Lotto Max Win

    Former Royal Winnipeg Ballet Student Suing School, Former Instructor

    Former Royal Winnipeg Ballet Student Suing School, Former Instructor
    She says she suffered mental distress, body image issues, eating disorders and nightmares.

    Former Royal Winnipeg Ballet Student Suing School, Former Instructor

    TD Bank Hiking Rates For Longer Mortgages And Rental Properties Thursday

    TD Bank Hiking Rates For Longer Mortgages And Rental Properties Thursday
    Effective Dec. 1, the lender will charge an additional 10 basis points to their overall rate for all new fixed amortizations of 25 years or more.

    TD Bank Hiking Rates For Longer Mortgages And Rental Properties Thursday

    Health Canada Moves To Restrict Chemicals Used To Make Deadly Drug Fentanyl

    OTTAWA — The Canadian government is moving to c

    Health Canada Moves To Restrict Chemicals Used To Make Deadly Drug Fentanyl

    B.C. Panel Reviewing Domestic-violence Deaths Calls For More Support For Victims

    VICTORIA — A panel that examined 100 domestic-violence deaths in British Columbia says few victims tell anyone what's happening in their lives before they are killed and even professionals may not know how to they can help.

    B.C. Panel Reviewing Domestic-violence Deaths Calls For More Support For Victims