![](https://www.ctvnews.ca/polopoly_fs/1.6978649.1722015109!/httpImage/image.jpg_gen/derivatives/landscape_800/image.jpg)
Missing 3-year-old boy found dead in creek in Mississauga, Ont.: police
A three-year-old boy has been found dead a day after he went missing in a park in Mississauga, Ont., Peel police say.
A rapid widening gap between high and low income households has increased at an all-time record since 2010, according to new data from Statistics Canada.
In the first quarter of 2023, StatCan reported the gap in net worth between the poorest and richest households grew by 1.1 percentage points, the fastest increase since 2010. For comparison, the wealth gap declined by 1.6 percentage points between the first quarter of 2020 and first quarter of 2022.
However, the first quarter of 2020 still reported a higher overall wealth gap increase with 65.6 percentage points, in comparison to 2023's 65.1 percentage points.
The report also found Canadians aged 45 or younger tend to live in lower income households despite this group only representing 36.2 per cent of all households. Younger households make up 55.2 per cent of the lowest two wealth quintiles, according to the report.
With the rising cost of living, the least wealthy had their net worth decrease by 13.8 per cent, similar to losses reported in the same period last year.
The biggest driver of the reduction in net worth of all households, making up 92.1 per cent, was real estate.
According to findings from this first quarter, the average value of real estate owned by households decreased by 8.6 per cent. Additionally, the national average price for a residential home went up to $686,000, roughly 13.7 per cent from the first quarter of 2022.
Lower income households had their net worth reduced because an increase in mortgage debt exceeded the average value of their home. A net worth that likely also took a hit from increased non-mortgage debt that rose by 4.6 per cent, the report said.
Younger Canadians aged 35 or less had their net worth decrease by 8.7 per cent in relation to their home while Canadians between the ages of 55 and 64 saw a decrease of 1.8 per cent,
As for older Canadians in a low income household, most of their earnings were reported from their retirement benefits instead of employment and investments as high income households did.
A three-year-old boy has been found dead a day after he went missing in a park in Mississauga, Ont., Peel police say.
Against the rainy Paris night sky, Celine Dion staged the comeback of her career with a powerful performance from the Eiffel Tower to open the Olympic Games.
Premier Danielle Smith said Friday afternoon in Hinton while weather conditions are cooler, the Jasper fire is still considered out of control and that Jasper residents can expect to be away from their homes 'for several weeks.'
An Irish museum will withdraw a waxwork of singer-songwriter Sinéad O'Connor just one day after installing it, following a backlash from her family and the public, it told CNN in a statement on Friday.
A Winnipeg senior is getting soaked with a six-figure water bill.
Nearly two weeks after Donald Trump's near assassination, the FBI confirmed Friday that it was indeed a bullet that struck the former president's ear, moving to clear up conflicting accounts about what caused the former president's injuries after a gunman opened fire at a Pennsylvania rally.
Orillia OPP arrested and charged a driver with impaired driving after flashing their high beams.
A powerful Mexican drug cartel leader who eluded authorities for decades was duped into flying into the U.S., where he was arrested alongside a son of Joaquin "El Chapo" Guzman, according to a U.S. law enforcement official familiar with the matter.
The lawyer for a former judge whose claims to be Cree were questioned in a CBC investigation says his client is not considering legal action against the broadcaster after the Law Society of British Columbia this week backed her claims of Indigenous heritage.
As fire threatened people in Jasper National Park, Colleen Knull sprung into action.
Video posted to social media on Thursday morning appears to show the charred remains of a Jasper, Alta., neighbourhood.
A Saskatchewan-born veteran of the Second World War was recently presented with France's highest national order.
A local First Nations elder and veteran is helping to bring the Ojibwe language to a well-known film for the first time.
A cat who fled her Montreal home nearly a decade ago has been reunited with her family after being found in Ottawa.
A woman in Waterloo, Ont. is out thousands of dollars for a car crash she wasn’t involved in.
A swarm of bees living in a lamppost in Winnipeg’s Sage Creek neighbourhood has found a new home for its hive.
Around 100 acres of Manitoba Crown Land near the Saskatchewan border is being returned to the Métis community.
Nova Scotia is suspending the licensed Cape Breton moose hunt for three years due to what the province is calling a “significant drop” in the population.