Counter to public perception, wealth inequality has narrowed slightly over time in Canada. Between 2005 and 2019, the share of wealth held by the top 1% and 10% both fell. Some ground was gained by middle and low-wealth households.
34.1
31.5
6.3
5.4
14.4
13.7
30.7
34.8
13.5
15.6
Household Share of National Wealth
by Net Worth Percentile in 2019:
Top 1%
90-99%
70-90%
50-70%
Bottom 50%
2005
2005
2005
2005
2005
Share of
net worth, %
Source: Statistics Canada, TD Economics.
Hover over each circle to
reveal the 2005 data