Canada’s Ultra-Rich Are Getting Richer — While Millions Struggle

Tell Finance Minister François-Philippe Champagne: Tax the richest and fund the programs Canadians desperately need.

Inequality in Canada is accelerating at an alarming rate. In 2025:

  • The 40 richest Canadian billionaires grew their wealth by almost $95 billion.
  • The top 1% held nearly a quarter of all Canadian wealth, while the bottom 40% held just over 3%.
  • 4 million Canadians were food insecure.
  • 1.4 million children lived in poverty.
  • Rent and grocery prices keep rising — everyday life is harder for millions.

Canada’s tax system isn’t helping. There’s no tax on extreme wealth, and offshore tax havens allow the richest Canadians and corporations to avoid paying their fair share.

We can fix this. A wealth tax on the ultra-rich and an excess profits tax on major corporations could raise $40 billion a year — enough to fund:

  • Universal child care
  • Mental health services
  • Income supports
  • Affordable housing
  • Climate action

This is about fairness and opportunity for everyone, especially women, Indigenous, Black, and racialized communities who are hardest hit by inequality.

Send a message to Finance Minister François-Philippe Champagne now!

Your Information

Honourable
Francois-Philippe
Champagne
Liberal Party of Canada

People gathered for Draw the Line march on Ottawa, Canada