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HomePolicy Articles Article Summary

"Markers" of Wealth and Poverty in BC

Report by Steve Kerstetter

Steve Kerstetter’s article “Markers” of Wealth and Poverty in BC examines Statistic Canada financial data to understand who is likely to be rich and who is likely to be poor in British Columbia. Kerstetter draws a strong correlation between wealth and income, finding those with higher income often have great wealth, while the reverse is true for those with low income. In addition, Kerstetter finds families are often wealthier than single individuals, while older people often have more wealth than young individuals. Throughout the article Kerstetter posits factors leading to his results, concluding that British Columbia’s wealth is disproportionately held by a small percentage of residents.

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Policy Publication Details

Author(s): Steve Kerstetter;
Publisher: Canadian Centre for Policy Alternatives [ Visit Website ]
Year Published: 2002; Publisher Type: Research Institute
Publicly Available: Yes Research Focus: Provincial;
Registration Required: No Language: English
Payment Required: No Publication Format: Adobe PDF

Subjects / Categories:

Policy Articles / Economy / Provincial Economy
Policy Articles / Economy
Policy Articles / Welfare & Social Issues
Policy Articles / Economy / Provincial Economy / 2002
Policy Articles / Welfare & Social Issues / Inequality
Policy Articles / Welfare & Social Issues / Inequality / 2002


Keywords / Tags:

wealth; poverty; markers; data; correlation; income; assets; debts; family type; age; housing; education;