Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, annual 2010 to 2019 and quarterly starting 2020.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Statistics (3 items: Value; Distribution of value; Value per household); Characteristics (13 items: All households; Lowest income quintile; Second income quintile; Third income quintile; ...); Wealth (11 items: Total assets; Financial assets; Life insurance and pensions; Other financial assets; ...).

The gini index in Canada was forecast to remain on a similar level in 2029 as compared to 2024 with 0.33 points. According to this forecast, the gini will stay nearly the same over the forecast period. The Gini coefficient here measures the degree of income inequality on a scale from 0 (=total equality of incomes) to one (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like United States and Mexico.

This table contains 58320 series, with data for years 1999 - 2016 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (20 items: Canada; Atlantic; Newfoundland and Labrador; Prince Edward Island; ...);  Assets and debts (27 items: Total assets; Private pension assets; Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Locked-in Retirement Accounts (LIRAs) and other; Employer-sponsored Registered Pension Plans (EPPs); ...);  Net worth quintiles (6 items: Total, all net worth quintiles; Lowest net worth quintile; Second net worth quintile; Middle net worth quintile; ...);  Statistics (6 items: Total values; Percentage of total assets or total debts; Number holding asset or debt; Percentage holding asset or debt; ...);  Confidence intervals (3 items: Estimate; Lower bound of a 95% confidence interval; Upper bound of a 95% confidence interval).

David Thomson and family had a total net worth of 72.7 billion U.S. dollars, representing the richest in Canada in 2024. Changpeng Zhao, co-founder and executive chairman of Binance, is the second-richest person in Canada, with a net worth of 63.7 U.S. dollars.

The income quintiles refer to the quintiles estimated at the Canada level and not at the provincial/territorial level. The Income quintiles are assigned based on the equalized household disposable income. This takes into account differences in household size and composition. The Oxford-modified equivalence scale is used; it assigns a value of 1 to the first adult, 0.5 to each additional person aged 14 and over, and 0.3 for all children under 14. Age groups refer to the age group of the major income earner. Life insurance and pensions include the value of all life insurance and employer pension plans, termination basis. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada and Quebec Pension Plans (CPP/QPP). Other financial assets include total currency and deposits, Canadian short-term paper, Canadian bonds and debentures, foreign investments in paper and bonds, mortgages, equity and investment funds, and other receivables. Other non-financial assets include consumer durables, machinery and equipment, and intellectual property products. Excludes accumulation of value of collectibles including coins, stamps and art work. Other liabilities include major credit cards and retail store cards, gasoline station cards, etc., vehicle loans, lines of credit, student loans, other loans from financial institutions and other money owed. The sum of the values for net worth and its components by province and region is less than the total for Canada as they exclude the territories. The coefficients of variation from Statistics Canada's Survey of Financial Security for 2012 and 2016, which serve as indicators of the accuracy of these estimates for net worth and its components, are available in the appendix to Distributions of Household Economic Accounts, estimates of asset, liability and net worth distributions, 2010 to 2019, technical methodology and quality report for the March 2020 release. Distribution of value" is the share of a wealth component (such as total assets) attributable to the various household characteristics (such as lowest income quintile)." This table has been archived and replaced by table 36100661.

Canada CA: Households: Net Worth data was reported at 13,609,027.000 CAD mn in 2020. This records an increase from the previous number of 12,282,617.000 CAD mn for 2019. Canada CA: Households: Net Worth data is updated yearly, averaging 8,238,787.500 CAD mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 13,609,027.000 CAD mn in 2020 and a record low of 5,168,570.000 CAD mn in 2005. Canada CA: Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Annual.

Composition of assets (including Employer Pension Plans valued on a termination basis) and debts held by all family units, by net worth deciles, Canada and geographical regions of Canada.

• What is the average net worth of households within my trade area? • What proportions of my customers’ assets are held in chequing and savings accounts? Stocks? Bonds? Mutual Funds? • Which areas within my trade area have a high debt-to-asset ratio? • What types of debt do my customers have? Are their debts dominated by credit cards? HELOC? Mortgages? • Are the average real estate values around my business higher or lower than the average real estate values in my base market? • What proportion of my trade area holds an RRIF vs. an RRSP? • and more

Built using authoritative data from a variety of sources—such as the Bank of Canada, Canada Revenue Agency, and Statistics Canada—and sophisticated modelling techniques, WealthScapes is designed for financial planning, marketing, and targeting applications.

The latest version features a database of over 100 key financial and investment statistics to help financial institutions, charitable organizations, and large retailers better understand their customers' financial and investment behaviour. The key variables used in WealthScapes are created to match the best available control totals in Canada so that chief economists will endorse them.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Statistics (3 items: Value; Distribution of value; Value per household); Characteristics (13 items: All households; Lowest income quintile; Second income quintile; Third income quintile; ...); Wealth (11 items: Total assets; Financial assets; Life insurance and pensions; Other financial assets; ...).

The data and programs replicating tables and figures from "Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860-2020", by Derenoncourt, Kim, Kuhn, and Schularick are too large to host on the Harvard Dataverse. They are available for download here instead: https://hu.sharepoint.com/:f:/s/HarvardEconomicsDatasets/Eq4g3n5WstlBvdknSsAI_FYBVNFV2trgP1It-Wv0rb9G3w?e=axHfn0 They are also hosted by the authors on openICPSR: https://www.openicpsr.org/openicpsr/project/194203/version/V1/view Please see the ReadMe_DKKS_QJE_2023 file for additional details.

Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data was reported at 4.610 USD bn in 2024. This records an increase from the previous number of 4.093 USD bn for 2023. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data is updated yearly, averaging 654.369 USD mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 4.610 USD bn in 2024 and a record low of 200.288 USD mn in 1982. Canada CA: BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Other Current Transfers: Current Taxes on Income, Wealth: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

While the commodities market bust has not forced the country to contract, it did dent growth in retail savings and investment in 2015. 2016 should see a resurgence in Canadians’ asset appreciation, but a tepid recovery in oil and gas along with substantial household debt loads will see slower growth over the rest of the forecast period. Read More

The largest share of assets held by high net worth individuals (HNWIs) in North America in 2024 was cash and cash equivalents, which accounted for ** percent of the total assets held by HNWIs in the United States and Canada that year. North America is the region with both the highest assets of HNWIs, and with the highest number of HNWIs. Who is considered a HNWI? To be considered a HNWI, their financial assets must exceed at least *** million U.S. dollars. In addition to HNWIs, the term ultra-high net worth individuals (UHNWIs) refer to individuals with financial assets of at least ** million U.S. dollars. The highest number of UHNWIs in the world are also found in North America, with more than ******* individuals. How many HNWIs are there in the U.S.? Most of the leading position of North America in terms of number and assets of HNWIs and UHNWIs is attributed to the United States. The number of UHNWIs in the United States reaches almost ******* individuals, which is almost **** times as many as in China, the country with the second highest number of UHNWIs.

Distributions of household economic accounts, wealth, by characteristic

HNW individuals in Canada are predominantly older males. HNW investors mainly source their wealth through earned income and entrepreneurship, but inheritance is forecast to rise given the older age of the HNW cohort. In a competitive market such as this, while the largest chunk of HNW wealth is held via discretionary mandates, offering a multi-service proposition focused on financial planning and tax planning is a must. A burgeoning appetite for digitized and automated solutions such as robo-advice, a buoyant property market, and growing demand for ESG and alternative investments provide arguably the most significant growth opportunities for global wealth managers in the foreseeable future. Read More

Canada CA: Central Government: Net Worth data was reported at -83,073.000 CAD mn in 2023. This records an increase from the previous number of -97,586.000 CAD mn for 2022. Canada CA: Central Government: Net Worth data is updated yearly, averaging -324,301.500 CAD mn from Mar 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of -79,746.000 CAD mn in 2019 and a record low of -514,305.000 CAD mn in 1997. Canada CA: Central Government: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.IFS: Government Finance: Balance Sheet: Annual.

Wealth indicators and distributions, by household characteristics such as income quintile, age, housing tenure and composition, Canada, regions and provinces, annual 2010 to 2019 and quarterly starting 2020.

The Gross Domestic Product (GDP) in Canada was worth 2241.25 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Canada represents 2.11 percent of the world economy. This dataset provides - Canada GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This report reviews the performance and asset allocations of HNWIs and Ultra-HNWIs in Canada. It also includes an evaluation of the local wealth management market. Read More