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Canada’s rich getting richer, StatCan report finds, with 90% of Canadian wealth now in the hands of homeowners

https://www.thestar.com/business/canada-s-rich-getting-richer-statcan-report-finds-with-90-of-canadian-wealth-now-in/article_b3e25a94-2983-11ef-84c4-77b5aa092baa.html

The gains are not evenly spread across Canadians, the agency noted, meaning they reflect the financial success of few households.

Canada’s rich getting richer, StatCan report finds, with 90% of Canadian wealth now in the hands of homeowners

https://archive.ph/JxZih

Also the source data since news articles seem to hate including them: https://www150.statcan.gc.ca/n1/daily-quotidien/240613/dq240613a-eng.htm

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Kelsenellenelvial

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Am I reading this right in that it’s a percentage of homes (dwellings) occupied by the owner compared to the percentage of people that own their home? Like if you have a family of 4 in a house and they rent out a (legal) basement suite to two individual renters, is that counted as one owner-occupied dwelling out of two dwellings on the property; (50% homeowner occupied or 100% homeowner occupied. Compared again to say having 6 people, of which one or two(is that family of 4 a couple or single parent) are homeowners.

SamuelRJankis

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Yes, the number is 66.5% of households in 2021 is occupied by the owner. Any phrasing regarding people is a loose interpretation of the statistic.

https://www150.statcan.gc.ca/n1/daily-quotidien/220921/mc-b001-eng.htm

Note(s): Proportion of all households that are owner occupied.