What percentage of Canadians have $1,000,000?
Wealth distribution reports and financial tracking data compiled by major Canadian banking institutions and economic research groups suggest that roughly 6 to 8 percent of adult Canadians maintain a liquid investable net worth or overall financial asset portfolio valued at $1,000,000 or more. When factoring in primary residential real estate equity alongside traditional retirement savings and investments, the percentage of households qualifying as millionaires increases notably across urban centers.
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