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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.

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