WEALTH OF CANADIAN HOUSEHOLDS DECLINES IN THE SECOND QUARTER 2022 - STATISTICS CANADA
Net worth (wealth) decreased for across all households in the second quarter compared to the first quarter of 2022, but especially for younger households (under 45) which were more affected by declining real estate values. In addition to real estate, financial asset values also declined in the second quarter which weighed more heavily on older households as they tend to rely more on that asset category as a source of wealth. The Statistics Canada report is available here. An interactive tool for wealth distribution is available here.