Interesting stuff, especially if we view the wider picture.
I am using the World Inequality Index cited in the linked report and - as the report does - look how the country's richest 1% increased or decreased their share of the total country's wealth.
Between 2000 and 2023, Canada's richest 1% increased their share of the country's total wealth from 27% to 29%.
- In the U.S., the richest 1% increased their share of the country's total wealth from 32% to 35%
- In China, the richest 1% increased their share of the country's total wealth from 20% to 30%
- In India, the richest 1% increased their share of the country's total wealth from 20% to 40%
You'll find that the UK's richest 1% is stable at around 20% between 2000 and 2023, while numbers for Germany and France also remain in the higher 20s.
So unlike twenty years ago, inequality is now higher in China and India than it is in Canada, at least according to this measure used in the report.
The global average (purchasing power adjusted) remained more or less unchanged at ~36% in the same period.
There's a lot to do for humanity everywhere.
You can look up for other countries if interested here.