Income inequality reaches record high in Q1 2025
Released: Friday, August 1, 2025
The latest data from Statistics Canada reveal that the gap between the highest—and lowest-income households reached a record high in the first quarter of 2025. The gap in disposable income between the top 40% of households in the income distribution and those in the bottom 40% reached 49 percentage points. The highest income households gained from investments, while the lowest income households' wages declined. The income gap has increased each year following the COVID-19 pandemic, with a low of 43.8 percentage points recorded in the first quarter of 2021.
Data for the above chart comes from Table 1 Share of disposable income by income quintile, including gap between top two and bottom two income quintiles.
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