Richest people in Canada

Collectively, the individuals on the Rich 100 are worth $230 billion, more than the total gross domestic product of many countries in the world, including New Zealand, Ireland and Portugal. And this year has been one of their best ever. Their combined net worth surged by more than 15%, the biggest increase since 2000. The reward for the wealthy is partly a result of a worldwide market rally—the S&P 500 Index rose more than 16%, while the Nasdaq increased 17%. The S&P/TSX composite, which is more heavily skewed toward commodities, is up just over 6%. While the actual economies of Canada and the U.S. aren’t faring particularly well, so long as the U.S. Federal Reserve maintains its stimulus program, stock markets will tick higher.

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