Face of wealth: How the profile of Canada’s richest has changed - The Globe and Mail

Face of wealth: How the profile of Canada’s richest has changed - The Globe and Mail: Close to half of Canada’s high-net-worth individuals are immigrants or first-generation Canadians, says a new study.

The survey conducted for BMO Harris Private Banking found that 48 per cent of the country’s affluent – those with investable assets of $1-million or more – are either immigrants (24 per cent) or describe themselves as first-generation Canadians with at least one parent born outside the country (24 per cent).