How do income inequality and wealth inequality in Canada, measured by quintile shares, compare to each other?

Question

Quizplus · Accepted Answer

Wealth inequality is greater than income inequality in Canada, as wealth (assets minus debts) is typically more unevenly distributed than income. Wealth can accumulate over generations, leading to significant disparities, whereas income is more related to employment and can be somewhat more evenly distributed due to policies like progressive taxation.

How Do Income Inequality and Wealth Inequality in Canada, Measured