Canadian household net worth hits record high

(Dec. 14, 2016) — The aggregate net worth of Canadian households increased in Q3/16 as household assets rose by 7.3 percent from a year-ago to reach $12.2 trillion. Strong performance in financial markets underpinned a surge in equity and bond valuations, which in turn, supported an 8.7 percent increase in financial assets (to $6.4 trillion).