Tag: Canadian Household Net Worth

Canada

Canadian Wealth Inequality Soars As Rich Buy Stocks, Poor Take Out Mortgages

May 4, 2026

Canadian household wealth grew last year, but so did inequality. Statistics Canada (StatCan) data shows the average household net worth rose in Q4 2025. However, the rich had a different read on the economy that helped their share grow much faster. While the rich racked up stocks and pumped the brakes on mortgage debt, the […]

Canada

Canadian Household Net Worth Falls $331 Billion, First Annual Loss Since 2009

December 13, 2022

The market giveth, the market taketh—especially during an interest rate-driven economic cycle. Statistics Canada (Stat Can) data shows household net worth made a sharp drop in Q3 2022. The quarterly decline was so sharp, it wiped out a year of headline-making growth. It was the first time annual growth turned negative since the Great Recession. […]