​Canada is now home to more rich people than last year

​Canada is now home to more rich people than last year

​Canada is now home to more rich people than last year

A global study of the ultra-rich has found that more of them are in Canada this year than last. The Wealth-X and UBS World Ultra Wealth Report found that there are 5,304 people in Canada with assets worth at least US$ 30 million; that’s a 6.5 per cent rise since 2013. The report also shows that the gap between rich and poor is narrowing (as also stated in a StatsCan report this week) and that Canada’s richest control less of the wealth than they used to, due to the economy being stronger.