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There is little Canadian data when it comes to examining wealth according to race, but Statistics Canada did include some details on income linked to net wealth — specifically, capital gains and income from investments — broken down by visible minority status in the 2016 Census.

The analysis in the report suggests a discrepancy between racialized Canadians, which is how the co-authors refer to those who identified in the 2016 Census as visible minorities, and non-racialized, or white, Canadians. The data on visible minorities does not include Indigenous Peoples.

Eight per cent of racialized Canadians over the age of 15 reported some capital gains in 2015, compared to about 12 per cent of non-racialized people. There was also a gap in the amounts, with racialized Canadians receiving, on average, $10,828 — 29 per cent below the average for white Canadians.

There was also gap when it came to money received through investments, such as rental income from real estate holdings or dividends from stocks.

The analysis shows about 25 per cent of racialized people earned income from investments in 2015, while nearly 31 per cent of non-racialized Canadians received money through investments that year. The average amount earned was $7,774 for racialized people, and $11,428 for white people.

Sheila Block, a senior economist at the Canadian Centre for Policy Alternatives who co-authored the report, said looking at disparities in wealth, in addition to aspects of the labour market, sheds a new and multifaceted light on the issue of income inequality in Canada.