Wealth and wealthy people in Canada
According to an MGM Research report on global millionaire populations, in 2019, Canada had over 459,000 millionaires. Note that for the purposes of the study, these are people that had net assets of more than 1 million US dollars (as opposed to Canadian dollars). This is roughly 2.3% of the world’s share of millionaires. It is likely no surprise that Canada has this many potential high-rollers. Canada is #22 on the list for Average annual income at $44,860 (USD) per person. This calculation takes the wealth of the entire country by Gross National Income and divides it by the population. As of 2012, Canada had over 60 billionaires that are responsible for businesses and brands like Thomson Reuters, Rogers Communications, Irving Oil, eBay, Saputo, Apotex, Circque du Soleil and many more.
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