Net worth in Canada has been relatively stable over the past twenty years, yet the average net worth of the top quintile has increased substantially.

Question

Quizplus · Accepted Answer

According to data from Statistics Canada, the overall net worth in Canada has remained relatively stable over the past two decades. However, the average net worth of the top 20% (or quintile) of Canadians has increased significantly, while the net worth of the bottom 20% has remained relatively stagnant.

Net Worth in Canada Has Been Relatively Stable Over the Past