SOCI 1127 Lecture Notes - Food Packaging, Usenet Newsgroup, Horizontal Integration
Document Summary
5x as large as the federal govt 2010 deficit (33. 4 billion) Those 61 own about 6% of all personal net worth in canada which totaled 2. 8 trillion in. In contrast, the bottom 50% of canadians owns about 3% of personal net worth 2005 figures -- 61 individuals own twice as much wealth as bottom 17 million canadians. Average billionaire wealth ,across the 61 unweighted,grew by 8. 4% in the last year. Over three times as fast as the 2. 5 increase in average hourly earning for canadian workers. The average wealth of billionaire sundresses - on a weight basis- by just under 100 million each in the last year. In contrast, average household net financial wealth per capita in canada grew by in 2010. It would take 8. 7 million personal years of employment at minimum wage to produce. 162 billion, the same value as the combined wealth of 61 billionaires.
