Canadians’ wealth suffers biggest drop on record

Sep 18th 2022 2:00am EDT

Household net worth plunged 6.1% in the second quarter of 2022, Statistics Canada reports Canada’s households saw a decline of almost $1 trillion Canadian dollars ($775 billion) in net worth in the second quarter amid sliding real estate costs, Statistics Canada reported this week. That was the largest decrease since at least 1990, according to […]

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