It's math skippy.  A one billion dollar savings account for one man will offset a lot of five thousand dollar savings accounts that is reality for many young and poor Canadians.   If you want a country without billionaires, you likely also get a country without wealth for the majority.  

Canadians enjoy a superb lifestyle despite what the elites call a problematic system.   Follow the money folks, it is always about wealth redistribution.  Those who struggled to become successful are now seen as the problem, and the simplistic solution is to take their success from them and give it to others.