A number is never just a number: The dominance of Canada's 1%

Change the conversation, support rabble.ca today.

$201,400

The entry point to become one of Canada's richest 1% of income earners. In other words, if you make more than $201,400 you earn more than 99% of Canadian income earners. (Source)

254,700

Number of tax filers who ranked among Canada's richest 1% in 2010. (Source)

21

Percentage of the top 1% of Canadian income earners in 2010 who were women. That's 53,200 women, almost twice as many as there were in 1982 but the richest 1% still remains a boy's club. (Source)

4

Number of provinces in which 92% of Canada's richest 1% of tax filers live: Alberta, Ontario, Quebec and British Columbia. (Source)

$320,000

The pay increase Alberta's richest 1% of tax filers enjoyed since 1982, which represents a doubling of their income. The richest 1% in Alberta made 18 times more than the bottom 90%. It's the most unequal province in Canada. (Source)

$297,000

Average income increase for the richest 1% of tax filers in Toronto between 1982 and 2010. The bottom 90% in that city experienced an income drop of $1,900, on average, during that period. (Source)

$189,000

Average income increase for the richest 1% of tax filers in Vancouver between 1982 and 2010. The bottom 90% in that city experienced an income drop of $4,300, on average, during that period. (Source)

$162,000

Average income increase for the richest 1% of tax filers in Montreal between 1982 and 2010. The bottom 90% in that city experienced an income drop of $224, on average, during that period. (Source)

8

The richest 1% of tax filers in Prince Edward Island make eight times more than the bottom 90%. PEI is Canada's most equal province. (Source)

0

Number of provinces in Canada that reduced income inequality since 1982. (Source)

1/5th

Amount of Canada's net wealth estimated to be in the hands of the richest 1% of Canadians. (Source)

25

Number of families or individuals in Canada that Forbes Magazine says hold more than $1 billion in assets. The top five are: the Thomson family ($17.5 billion); the Galen Weston family ($7.7 billion); the Irving family ($5 billion); Jim Pattison and Paul Desmarais (tied at $4.3 billion; and Ted Rogers ($1.7 billion). (Source)

The Canadian Centre for Policy Alternative's Trish Hennessy has long been a fan of Harper Magazine's one-page list of eye-popping statistics, Harper's Index. Instead of wishing for a Canadian version to magically appear, she's created her own index -- a monthly listing of numbers about Canada and its place in the world. Hennessy's Index -- A number is never just a number -- comes out on the first of each month in rabble.ca.

Photo: Benson Kua/Flickr

Related Items

Thank you for reading this story...

More people are reading rabble.ca than ever and unlike many news organizations, we have never put up a paywall – at rabble we’ve always believed in making our reporting and analysis free to all. But media isn’t free to produce. rabble’s total budget is likely less than what big corporate media spend on photocopying (we kid you not!) and we do not have any major foundation, sponsor or angel investor. Our only supporters are people and organizations -- like you. This is why we need your help.

If everyone who visits rabble and likes it chipped in a couple of dollars per month, our future would be much more secure and we could do much more: like the things our readers tell us they want to see more of: more staff reporters and more work to complete the upgrade of our website.

We’re asking if you could make a donation, right now, to set rabble on solid footing in 2017.

Make a donation.Become a monthly supporter.

Comments

We welcome your comments! rabble.ca embraces a pro-human rights, pro-feminist, anti-racist, queer-positive, anti-imperialist and pro-labour stance, and encourages discussions which develop progressive thought. Our full comment policy can be found here. Learn more about Disqus on rabble.ca and your privacy here. Please keep in mind:

Do

  • Tell the truth and avoid rumours.
  • Add context and background.
  • Report typos and logical fallacies.
  • Be respectful.
  • Respect copyright - link to articles.
  • Stay focused. Bring in-depth commentary to our discussion forum, babble.

Don't

  • Use oppressive/offensive language.
  • Libel or defame.
  • Bully or troll.
  • Post spam.
  • Engage trolls. Flag suspect activity instead.