Gap Between Canada’s Rich and Poor Is Widening at Record Pace. Fun fact: Justin Trudeau of the Liberal Party has been in power since 2015.

via Bloomberg:

Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households bearing the brunt of the financial pain.

The richest 20% of households controlled 67.8% of net worth in the country in the first quarter, while the bottom groups accounted for 2.7%, Statistics Canada reported Tuesday in Ottawa.

Canadian real estate is a joke  🚨

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— Wall Street Silver (@WallStreetSilv) July 4, 2023

h/t Orangutan