Toronto is fast becoming a world leader in innovation and an example of thriving multiculturalism, but with growing prosperity comes a widening gap between the city’s richest and poorest residents, says a new report by University of Toronto researchers and the United Way.

The report, entitled “The Opportunity Equation in the Greater Toronto Area,” uses income data from the 2016 census to look at how the demographics of GTA neighbourhoods have shifted over time.

Researchers at the United Way Toronto and York Region collaborated on the report with U of T’s Neighbourhood Change Research Partnership in the Factor-Inwentash Faculty of Social Work, led by Professor David Hulchanski.

According to the report, Toronto has the largest gap between rich and poor residents compared to other Canadian metropolitan areas.