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Canada’s Richest 1% Nearly As Wealthy As Poorest 80%
(www.readthemaple.com)
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Oh, absolutely. I'm just trying to use it as a marker to try to figure out where the goal posts should be for what we are calling "middle class."
I have a friend who works in central Ontario for a fortune 500 and they take home ~80k/year, and I've considered them and their family middle class for a while, but they also were telling me that they're overextended and struggling to keep up on interest payments...while also being denied a consolidation loan. So maybe they are not really middle class..?