What's the Average Net Worth by Age in Canada?
In the last few years, with the value of homes increasing and increasing popularity in the stock market, many Canadians are noticing that their net worth is increasing. What exactly is net worth? Well, your net worth is your total overall wealth including assets and liabilities. This includes properties, vehicles and any other high value assets that you own. Investment accounts like RRSPs and mutual funds are included in this, as well as other stocks that you may hold.