Toronto is now officially a city of millionaires (September 18, 2017)

Toronto is now officially a city of millionaires -> LINK

If you do a quick head count of everyone you know, odds are at least a few of them are probably millionaires.

 

Environics Analysis, a data-based research group, recently published a report that placed Toronto as having the second highest household net worth in Canada, along with Vancouver (first), Victoria and Calgary (third and forth, respectively).

It’s the first time that Toronto has made this so-called millionaires club thanks to a 17 percent spike to our household net worth, which now sits at a whopping $1,154,107.

The report shows that savings and investments amongst Canadian households have steadily improved, resulting in an overall net worth increase of 12 per cent across the country to $770,635.

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