High earners feeling the effects, but have more capacity to absorb rising costs
While many Canadians are doing OK, those who are struggling are falling farther behind
The net worth of the top 20% averaged $3.5 million per household
Approval of charters for non-banks on the rise, but industry wary of tech giants: Fitch
Canadians poured $96.2B into mutual funds, a new quarterly record
Households' net financial assets saw the largest increase on record
Younger Canadians, parents feel pressure to spend
Richly-valued, highly-concentrated stock markets vulnerable to a correction
Year-over-year increase of 3.9% compares with 5.9% rise in second quarter of 2024
Redistribution from poor to rich will impact corporate revenues, credit risks