With 422,000 HNWIs, Canada’s GDP is valued at US$1.7 trillion. Growth in HNWIs wealth is linked to many factors including the local real estate and equity markets.
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In Canada, the HNWI wealth has outperformed the local equity market but has underperformed the local residential real estate market, according to WealthInsight. Did you know Canada is a major commodity producer and a net energy exporter, with mining, oil and gas extraction worth 4.4% of the GDP? Canadian HNWIs is forecast to grow by 29%, to reach over 544,000 in 2017. View more data or Buy full report
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