Canadians see increase in net worth

We hear a lot about the rising levels of debt in Canadian households and while that is a concern, when you look at the average ‘household balance sheet’ things look rosier.

Last year net assets saw an increase of 8 per cent, with the average Canadian household worth $442,130 and debts at $122,705.

Although we know that property values have helped push asset figures higher, there has also been an increase in investments.

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