this post was submitted on 15 Dec 2025
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How much are Pattison and Weston worth? How many Canadians go hungry due to high food prices?
What if we take the billionaire's money and give it to the people?
If you take the top 10 billionaires in Canada, and take every single bit of value they have and manage to get every single dollar while doing so. You would still only give each Canadian $3000.
Once.
I'm not pro-billionaire, but if instead, you took every single piece of residential property in Canada, and took that value and divided it between all Canadians, each person would get $212,500.
The biggest problem with distribution of wealth in this country is not the billionaires, it's the appreciated property values of real estate and the vast majority of those are your standard every day Boomer house.
Taking it a step further, why don't we take the top 1% of the wealthy worldwide and share it with the people. The top 1% would be anyone who makes over $82,640 Cdn. (depending on which metric you use). The top 5% of earners in the world would be anything over $48,000 Cdn.