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Story perspectives

Growing Wealth Gap Fuels Economic Discontent in North America

10/12/2025

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Story summary
  • Rising economic disparities are evident in Canada and the United States.
  • In Canada, net savings rates have declined across all income levels.
  • Statistics Canada notes the wealth gap is widening.
  • In the United States, wealthy Americans stay optimistic while low-income voters grow dissatisfied due to economic pressures.
  • A study shows older adults earning less than $20,000 live nine years shorter than those earning over $120,000.