HNWIs On Rise


    There were 443,194 high net worth individuals (HNWIs) in Canada in 2015, collectively holding US$1.8 trillion in wealth, says Research and Markets’ ‘High Net Worth trends in Canada 2016.’ The Canadian HNWI population rose by three per cent in 2015, following a two per cent increase in 2014. This population is forecast to grow by 8.2 per cent, to reach 483,173 in 2020, while HNWI wealth is projected to grow by 22.9 per cent to reach US$2.3 trillion.