Wealth Inequality by Province

Wealth Inequality by Province

Wealth Inequality by Province

Wealth Inequality by Provinces

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Référence bibliographique [4378]

Chawla, Raj K. 2004. «Wealth Inequality by Province ». L’emploi et le revenu en perspective / Perspectives on Labour and Income, vol. 16; Catalogue no. 75-001-XIE, no 4, p. 16-24.

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Fiche synthèse

1. Objectifs


Intentions :
« This article explores the levels and components of wealth inequality in Canada. [...] The main focus here is provincial variation in the distribution of wealth. » (p. 15)

2. Méthode



Échantillon/Matériau :
« The analysis is based on the« Survey of Financial Security » (SFS), conducted between May and July 1999. » (p. 17)

Type de traitement des données :
Analyse statistique

3. Résumé


« Provincial economies differ considerably. These differences are in turn primarily responsible for the variation in family income across the country. However, the province with the highest mean income is not necessarily the province with the highest mean wealth. Other factors besides income influence family wealth. These include homeownership status, home values, financial assets, business ownership, other real estate, vehicles, coverage under employer pension plans, and possession of other durable goods. Provincially, wealth was more unequally distributed than income and concentrated among families in the top income decile. Also, it was more unequally distributed in three provinces - Quebec, Alberta, and British Columbia. » (pp. 18-19)