StatsCan data shows Canadian economic inequality rising to the highest level on record

Sharing two articles I read recently which discuss economic inequality in Canada using StatsCan data. See below for the links and some key excerpts:
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Article 1: Income inequality in Canada rises to the highest level ever recorded: Statistics Canada | CBC News
Income inequality in Canada rises to the highest level ever recorded: Statistics Canada
The gap in the share of disposable income between the richest two-fifths of Canadians and the bottom two-fifths grew to 47 percentage points in the second quarter of 2024
While those in the lowest 20 per cent saw a slight rise in their share of disposable income due to wage increases, the middle 60 per cent of Canadians saw a decrease in their share.
The Statistics Canada report said that in the second quarter, the top 20 per cent of Canadians held more than two-thirds of the country's wealth, averaging $3.4 million per household. By comparison, the bottom 40 per cent of Canadians accounted for only 2.8 per cent of Canada's wealth.
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Article 2: The Uneven Distribution of Canadian Income, Cash Flow, and Net Worth | The Measure of a Plan
The top 20% of households (quintile 5, all age groups) are earning $197,667 per year in after-tax income, and have positive cash flow of $60,652 per year
The bottom 20% of households (quintile 1, all age groups) are earning $31,604 per year in after-tax income, and have negative cash flow of $30,364 per year
~60% of Canadian households had negative cash flow in 2023 (i.e., their total spending exceeded their total income in the year)
The wealthiest 20% of Canadian households had an average net worth of ~$3.3 million in 2023, an increase of nearly $1 million versus 2010
The poorest 20% of Canadian households had an average net worth of negative $1,141 in 2023, an increase of $15,009 versus 2010
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