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Wealth Distribution: Which Factors Predispose People to Rise to the Top of the Social Ladder?

November 13, 2024

Update : November 13, 2024

A new report published by an INRS doctoral student paints a picture of the most affluent people in Canada and Quebec.

INRS PhD student Mamadou Diallo.

Mamadou Diallo, doctoral student at the Institut national de la recherche scientifique (INRS) and researcher in residence at the Observatoire québécois des inégalités, has published a report on the evolution of the affluent classes in Quebec and the rest of Canada.

The groundbreaking results of his study highlight a number of factors that can influence a person’s chances of remaining in or joining the wealthiest classes of society.

According to the new publication, having affluent parents appears to be one of the most decisive factors in determining an individual’s future wealth. In fact, in Canada, people with affluent parents are 6.5 times more likely to be rich themselves, i.e., 550% more likely than people with parents who did not have such advantages. In Quebec, the likelihood is 5.8 times greater, or 480%.

Meanwhile, being a woman, being an immigrant, being single, living in a rural area, or having no qualifications beyond secondary school are factors that significantly reduce the likelihood of joining the affluent group. “Our observations call for an intersectional analysis of all these factors,” explains Mamadou Diallo. “It’s important to remember that one person can meet several of these criteria.”

Under the supervision of Professor Maude Pugliese, who specializes in issues of wealth inequality, gender inequality, and family dynamics, Mamadou Diallo is pursuing his doctoral research in population studies at INRS’s Urbanisation Culture Société Research Centre. His thesis work focuses on gender-based wealth inequalities in Mali, as part of the Canada Research Chair in Family Financial Experiences and Wealth Inequality led by Professor Pugliese.

“I hope that my work will help decision makers establish better safety nets and adapt public policies,” emphasizes the PhD student.

On another note, in 2023, Mamadou Diallo shared his personal journey as part of the exhibition entitled “On se présente pour mieux se comprendre” (Introducing ourselves to better understand each other), which focused on the unique paths and experiences of members of the INRS community.

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