Canada’s income gap reached a record high of 49 percentage points in the first quarter of 2025, as those with the highest incomes gained from investments, while those with the lowest incomes were affected by declining wages, according to Statistics Canada.
The income gap has increased each year in Canada following the start of the COVID-19 pandemic, a July 16 Statistics Canada report indicates. In the first quarter of 2021, a gap of 43.8 percentage points was recorded.
