Canadians must be hoping for a recession every year, since they’ve never made more money. A National Bank of Canada (NBC) analysis shows household wealth surged in Q2 2021. Their wealth actually surged so fast, the ratio of debt hasn’t looked smaller in almost 2 decades. The bank expects this to fund a significant spending […]
Canada’s wealth inequality issues are bigger than previously estimated – which really is something. The Parliamentary Budget Officer (PBO), a non-partisan office that advises the Canadian government, has created a new model to estimate wealth held by the country’s richest households. The new estimate shows Canada’s one-percent actually holds a much bigger share of total […]
Global wealth migration is accelerating, but wealthy families (and their real estate dollars) aren’t as interested in moving to Canada as they used to be.
Old money cities like London still top the list for the uber rich’s secondary home of choice, but some new cities are popping up on the list.
The Economist has released their list of the world’s most expensive cities, and no Canadian city makes the list. Finally, some good news.
Canadians and Australians saw the fastest growth in wealth per capita in 2016, according to a new report from wealth analysts at NWW.
It’s almost spring, and you know what that means? That’s right! Tracking the annual migration of the world’s richest people! 82,000 High Net-Worth Individuals (HNWI) migrated in 2016, and a new report from New World Wealth tells us where they’re moving too, where they’re moving from, and some of the reasons why. Where Are They […]