this post was submitted on 09 Feb 2026
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A new CCPA report found Canada is increasingly a country of exorbitant wealth alongside persistent poverty.

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[–] panda_abyss@lemmy.ca 22 points 5 days ago (1 children)

I think a more useful metric is how many average Canadian lifetimes of income they make a year. 

When you look at these people make 10-20x what you’ll make in your entire life, it really makes you think. 

If I were that rich I’d work like 1 year, then retire. Who needs much money? My wants don’t go that big. I think most people’s wants don’t go that big. 

[–] WanderingThoughts@europe.pub 9 points 5 days ago

Median wage. The average is skewed because of the very rich.

Who needs much money?

A lot of them, when they get money, they start moving around in circles where they look at their fortune and say "those are rookie numbers"