Why Statistics Canada Doesn't Know How Rich People Are

Our official statistics dramatically underestimate how rich the richest Canadians are. That's the finding of a new report by Dan Skilleter at Social Capital Partners, a think tank that studies Canada's economy. In fact, when it comes to wealth inequality, Canada isn't much more equal than the United States. Dan joins us today to detail what he found in his new report and explain why Statistics Canada doesn't give us an accurate picture of wealth in our country. ----- Read the report: https://static1.squarespace.com/static/5edfe6ed26bc3e59001d42d7/t/660d936553bb3e4b2d8bbded/1712165735599/2024.04.04-SCP-Billionaire+Blindspot+-+FINAL.pdf More episodes of Free Lunch by The Peak: https://readthepeak.com/shows/free-lunch Follow Taylor on Twitter: @taylorscollon Follow Sarah on Twitter: @sarahbartnicka Subscribe to The Peak's daily business newsletter: https://readthepeak.com/b/the-peak/subscribe