Labour in the News

2 richest Canadians have more money than 11 million combined

David Thomson and Galen Weston Sr. as wealthy as poorest 30 per cent of the country combined, Oxfam calculates

The Canadian Press Posted: Jan 15, 2017 8:47 PM ETLast Updated: Jan 16, 2017 2:49 PM ET

A man holds up a protest sign as he marches with thousands of people through the streets participating in the Occupy Vancouver protest on Oct.15, 2011. A new report called 'An Economy for the 99%' paints a stark picture of wealth inequality in Canada and around the world.

A man holds up a protest sign as he marches with thousands of people through the streets participating in the Occupy Vancouver protest on Oct.15, 2011. A new report called ‘An Economy for the 99%’ paints a stark picture of wealth inequality in Canada and around the world. (Jeff Vinnick/Getty Images)

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. Read More