In this episode of Capital Topics, James Parkyn and Raymond Kerzérho meet with Alain Desbiens, director for Quebec and Eastern Canada at BMO ETFs. Alain provides us with a bird’s eye view of millionaires in Canada and worldwide.

Discussion points:

  • The definition of a high, very high and ultra high net worth individual
  • Where does their wealth come from?
  • Their asset mix across public market holdings, private holdings, real estate, etc.
  • The main interests and passions of wealthy individuals
  • The distribution of wealth in Canada and Quebec.
  • And much more!

 

Links:

Report of the Parliamentary Budget Officer on the distribution of wealth in Canada

Credit Suisse Research Institute: Global Wealth Report 2020

 


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