Canadian households get richer as stock markets climb higher
Released: Friday, September 12, 2025
Rising stock markets pushed the net worth of Canadian households higher in the second quarter of 2025. The latest data from Statistics Canada’s national balance sheet, released on September 11, revealed that household net worth increased by $257.7 billion from the prior quarter to reach $17.9 trillion, the seventh consecutive quarterly increase. Household financial assets increased by $291.1 billion in the second quarter, making it the largest driver of growth. However, the gains are not evenly distributed. The top 20 per cent of the wealthiest households own nearly 70 per cent of financial assets, placing them in the best position to benefit from increased valuations of stocks, bonds, and other investment instruments.
Data for the above chart comes from Statistics Canada Table 36-10-0580-01 National Balance Sheet Accounts (x 1,000,000).
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In 2023, Statistics Canada reported that 5.3 million Canadians—about 3 in 10 employees—were covered by collective bargaining agreements. Of which 76.7% of public sector employees were unionized compared to 15.5% of employees in the private sector.