The highest-paid Canadians captured a larger share of the country’s total income in 2015, as corporate dividends helped boost their earnings.
The top 1 per cent of earners saw their slice of the income pie increase to 11.2 per cent in 2015 from 10.8 per cent in the previous year, according to Statistics Canada’s survey on high-income trends. That marked the first time in nearly a decade that the 1 per centers saw their proportion expand. Their share peaked in 2006 at 12.1 per cent, though it remains higher than three decades ago, when it was 7.1 per cent.
The number of Canadians who made it into the top 1 per cent rose by 2,420 to 270,925 in 2015, with the biggest gains in Ontario and British Columbia. The areas with the most growth included Vancouver, Kitchener-Cambridge-Waterloo, Hamilton and Toronto.
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