Wealth inequality in Canada skyrockets, hitting young families and immigrants hardest.
Wealth inequality in Canada increased from 1984 to 1999. Families with a university graduate saw their wealth rise more than others. Young couples and recent immigrants had lower wealth. Older families had more wealth than younger ones. The aging population helped reduce wealth inequality. Changes in income did not explain the wealth gap. Factors like inheritances and stock market gains likely contributed to rising wealth inequality.