Report by Canadian Centre for Policy Alternatives found the net worth of the richest was 4,448 times the average Canadian in 2016

Canada’s richest 87 families have roughly the same amount of wealth as that held by 12 million of their compatriots, or about a third of the country’s population, according to a new report.

The report, published on Tuesday by the left-leaning Canadian Centre for Policy Alternatives, found that in 2016 the net worth of the richest was 4,448 times that of the average Canadian.

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