Economic inequality – both income inequality and wealth inequality – has reached crisis levels in Canada. In 2025, income inequality was at a record high. Wealth inequality, while harder to measure as a result of how Statistics Canada collects data, is also growing in Canada and is part of a larger global trend.
Canadians do not get paid enough and Canadians do not start new businesses to compete, nor invest in new businesses that want to compete.
It’s a vicious cycle, because you need money to start a business, but you don’t get money working here.