Tag: Canadian Net-Worth

Canadian Average Net Worth Nears $1 Million As Growth Rises 3x Faster Than Normal

January 28, 2022

Canadian households are seeing their net worth soar — at least on paper. Statistics Canada (Stat Can) data shows household net worth made a big leap in Q3 2021, mostly due to real estate. An average household is seeing wealth accumulate at one of the fastest rates in history, with Millennials leading the surge. There’s […]

Canada

The Canadian Property Bubble Inflation Is Now 75% of Net-Worth Growth

June 12, 2021

The Canadian property bubble is consuming the whole economy — and concentrating wealth creation. Household net-worth soared to a new high in the first quarter of 2021, according to Statistics Canada (Stat Can) data. Real estate represented over three-quarters of the gains in wealth, which is much higher than normal. Fanning the flames of the […]