The world’s eight richest people have more wealth between them than the poorest 3.6 billion people combined, according to a report from Oxfam.
The report, released earlier this year, also states that one person in 10 worldwide has an income of less than $2 a day.
Since 2015, the richest one per cent of the world’s population possess more wealth than the remaining 99 per cent.
Even in Canada, where we have assistance programs in place, there’s an astonishing gap between rich and poor.
Two people, David Thomson and Galen Weston Sr., have more wealth than the poorest 11 million Canadians.