The wealth divide was similarly stark. The top 20% of the wealth distribution held 65.7% of Canada\u2019s total net worth at the end of 2025, averaging $3.5 million per household. By contrast, the bottom 40% held just 3% of the country\u2019s net worth, averaging $81,650 per household. The wealth gap between the two groups stood at 62.7 percentage points \u2013 up 0.6 percentage points from the previous year.<\/p>\n
Debt pressures persist despite spending pullback<\/p>\n
Insolvency firm MNP Ltd. said Monday that its own survey data reflected similar trends. The firm\u2019s debt index held steady over the past year as Canadians pulled back on spending, but financial pressures remained unevenly distributed.<\/p>\n
The average amount Canadians had left at month-end reached an all-time high of $1,000 as of MNP\u2019s March survey, up from $907 in late November, a report from The Canadian Press noted. However, 43% of respondents said they were within $200 or less of being unable to meet monthly spending needs, up from 41% the previous quarter. Twenty-nine per cent said they were already falling short on bills and debt payments, up from 25%.<\/p>\n
\u201cMany Canadians are not just feeling financial pressure, they are navigating an environment that continues to shift, increasing uncertainty and making it more difficult to plan, budget, and stay ahead financially,\u201d Grant Bazian, president of MNP Ltd. told The Canadian Press.<\/p>\n
The MNP survey of 2,000 adult Canadians was conducted March 10\u201311 by Ipsos and is considered accurate to within 2.7 percentage points, 19 times out of 20.<\/p>\n","protected":false},"excerpt":{"rendered":"The wealth divide was similarly stark. The top 20% of the wealth distribution held 65.7% of Canada\u2019s total…\n","protected":false},"author":2,"featured_media":603262,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[975,49,48,44,16620],"class_list":["post-603261","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-975","tag-ca","tag-canada","tag-news","tag-wealth-gap"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/603261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=603261"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/603261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/603262"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=603261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=603261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=603261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}