Canadians Becoming Millionaires on the Rise
Boston Consulting Group (BCG) released a report showing that in the past year substantially more Canadian households have become millionaires. In 2016, there were 485,000 millionaires, up from 385,000 in 2015. These 2016 statistics represent 3.5 percent of all homes in Canada and 32.5 percent of the nation’s combined wealth.