Tag: Canada mortgage debt
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Canadian Wealth Inequality Is Growing as Rich Households Buy Stocks and Lower-Income Households Take on Mortgage Debt

Canadian household wealth increased last year, but new data suggests the gains were not evenly shared. According to Statistics Canada data highlighted by Better Dwelling, average household net worth rose in Q4 2025. However, the biggest gains went to the wealthiest households, while lower-wealth households took on mortgage debt at a much faster rate. Household…