Canada’s best credit cards for grocery purchases 2022 + MORE Feb 2nd
Which business credit card should I use for office supplies? + MORE Jun 11th
Rate survey: Average card APR continues to climb - CreditCards.com + MORE Dec 28th
February 28 Update: Air Canada renews partnership with American Express for the new loyalty program, World of Hyatt adds 57 more SLH Hotels & WestJet's 23rd birthday sale + MORE Mar 1st
January 26 Update: Many more confirmed Cobalt multiplier locations, a new Lounge Reviews page on Rewards Canada & Kimpton Hotels Winter sale + MORE Jan 26th
Two richest Canadians have as much wealth as poorest 30%
– moneysense.ca
display: none;
}
The two richest Canadians have the same amount of wealth as the poorest 30 per cent of the country combined, according to a new report from a group of international aid organizations.
The Oxfam report says the wealth of billionaire businessmen David Thomson and Galen Weston Sr. equals that of about 11 million Canadians.
The group of organizations, under the banner group Oxfam International, published its report “An Economy for the 99%” ahead of the World Economic Forum in Davos, Switzerland, which begins Tuesday. The report also said that the world’s eight richest people have as much wealth as the poorest 50 per cent of the world’s population.
“This is not a report about the rich and the poor. It’s about the super-rich and the rest of us,” said Lauren Ravon, the director of policy and campaigns at Oxfam Canada.
Oxfam made its calculations about global wealth distribution based on the Credit Suisse Global Wealth Data book, and calculated the wealth of the world’s richest people using the annual billionaires list from Forbes Magazine, which was last published in March 2016…
January 16 Update: Podcast Episode 13 is out, pay to access Emirates lounges in Dubai, Scotia Rewards update
– RewardsCanada.ca
Two richest Canadians have as much wealth as poorest 30 per cent: Report says
– canadianbusiness.com
The Oxfam report says the wealth of billionaire businessmen David Thomson and Galen Weston Sr. equals that of about 11 million Canadians.
The group of organizations, under the banner group Oxfam International, published its report “An Economy for the 99%” ahead of the World Economic Forum in Davos, Switzerland, which begins Tuesday. The report also said that the world’s eight richest people have as much wealth as the poorest 50 per cent of the world’s population.
“This is not a report about the rich and the poor. It’s about the super-rich and the rest of us,” said Lauren Ravon, the director of policy and campaigns at Oxfam Canada.
Oxfam made its calculations about global wealth distribution based on the Credit Suisse Global Wealth Data book, and calculated the wealth of the world’s richest people using the annual billionaires list from Forbes Magazine, which was last published in March 2016…