A survey by the Broadbent Institute shows that Canadians underestimate how much of the nation’s wealth the top 20 per cent control.
A survey by the Broadbent Institute shows that Canadians underestimate how much of the nation’s wealth the top 20 per cent control. Most of the 3,000 polled believe that the richest in the country control around 55 per cent of the wealth; StatsCan figures show it at around 67 per cent. Even at their lower estimate respondents say it’s too much and would like the figure to be around 30 per cent. They would also like the poorest in society to control double the amount they do currently (5.5 per cent) although the report notes that the wealth of the poorest is overshadowed by their debts. Read the full report.
