(998) Toronto’s wealth gap [Study]

martinreportOh dear.  Mexico City, Dallas and Seattle have more inequality than Toronto.  We are a little higher on the inequality list than most of us may think.  We got right into the North American ill top four thanks to eight billionaires, a brace of other rich folk and Canada’s slackness on inheritance taxes.  Crazy returns on real estate probably also helped the one percenters.  We’re nineteenth globally.

The geography of the global super-rich 47-page .pdf file
Martin Prosperity Institute/University of Toronto

Toronto’s 1 per cent are about 100,000 times wealthier than us. Divide between Toronto’s rich and the rest of us among the biggest in the world
metronews.ca