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Ontarians save too little? Maybe not

In Ontario's Long Term Report on the Economy, the government references a range of studies, indicating that approximately 20 to 50 percent of households will have insufficient income to maintain a similar standard of living in retirement.

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The state and evolution of income distribution in Ontario

Income inequality refers to an unequal distribution of income within a region whereby income groups receive disproportionately larger or smaller shares of total income relative to their representation in the population. Ontario, and by extension Canada, is generally considered a fair society, where income is equitably distributed when compared to other regions or countries.

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