Thursday, April 3, 2014

Canada's richest 86 have as much wealth as poorest 11 million...


OTTAWA -- While politicians in Ottawa still can't decide who is in the middle class, a new analysis suggests wealth is increasingly gravitating to the very top.

The report by the left-leaning Canadian Centre for Policy Alternatives shows that the country's 86 richest individuals and families -- or 0.002 per cent of the total population -- are getting exponentially richer and now have accumulated as much wealth as the country's poorest 11.4 million.


That's more than in 1999, when the richest 86 had as much money as the poorest 10.1 million and enough to buy up everything in New Brunswick and still have about $40 billion left over, according to the report, to be released Thursday.........http://www.ctvnews.ca/business/canada-s-richest-86-have-as-much-wealth-as-poorest-11-million-1.1758778#ixzz2xpjg7y4N
3/4/14

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