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Inside the pandemic wealth boom – and why it’s not spread evenly

Mar 8, 2021, 09:00 AM by The Globe and Mail
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WealthTrends data provides insights into Canadian households increasing their total wealth during the pandemic


 

Households in Canada have added billions to their total wealth over the COVID-19 pandemic, an unexpected outcome during a seismic economic shock.

Over the first nine months of 2020, the average household saw its net worth increase by roughly $30,600 or 5.4 percent, according to Environics Analytics data provided exclusively to The Globe and Mail. In every province, net worth was on the rise.

Read the full Globe and Mail article here