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Canada Net Worth Brackets, Percentiles, Top One Percent in Wealth, and Family Wealth Distribution in 2021

  • December 9, 2020
  • 10.3K views
  • 2 minute read
  • Jeff Wiener
family wealth distribution in canada
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In this article, we’re going to highlight the net worth brackets for 2021 in Canada based on various percentiles, and then a review of the top 1% of the wealth.

** As a reference, if you want to know how your net worth compares to other Canadians, you can use the net worth calculator which you can find on the following page:  Net Worth Percentile Calculator for Canada Including 23 Wealth and Income Statistics

According to the PBO (Parliamentary Budget Officer) 2020 report, the top 1% of Canadian households hold 25.6% of total wealth in the country,  and the top 0.5% of Canadians have 20.5% of the total wealth. What this means is that 1,8 million Canadians hold over 20% of Canadian wealth. What’s even more surprising is that just slightly over 37,000 Canadians hold over 5% of Canada’s wealth.

** if you want to know how to become a decamillionaire, you can read this article: How to Become a Decamillionaire, Grow your Net Worth to $10 Million, and Join the 1% Club

Family Wealth QuantileShare of Total WealthNumber of People
Top 0.01%5.60%37,590
Top 0.1%12.10%375,900
Top 0.5%20.50%1,879,500
Top 1%25.60%3,759,000
Top 5%43.40%18,795,000
Top 10%56.40%37,590,000
Top 20%73.50%75,180,000
Middle 40%25.30%
Bottom 40%1.20%

With regards to the wealth stats and the table below, what you will find particularly interesting is the jump required as you increase net worth from the 99% percentile to 99.5%, which has a jump of over $3 million, and then from 99.5 to 99.6% is $2 million.  The higher up the percentile you go, the harder it is to achieve.  For example, the jump from 99.8 to 99.9, which is 0.1% requires an additional $5 million.

Listed below, in the left column, you will find the percentile, and in the right column, you will find the Canadian dollar net worth required in order to reach that percentile.

Net Worth PercentileNet Worth
10$50,000.00
20$185,000.00
30$285,000.00
40$400,000.00
50$482,000.00
60$582,000.00
70$685,000.00
80$780,000.00
90$840,000.00
93$900,000.00
94$930,000.00
95$980,000.00
97.5$1,500,000.00
99$9,737,000.00
99.5$12,800,000.00
99.6$14,000,000.00
99.7$15,000,000.00
99.8$20,000,000.00
99.9$25,000,000.00
99.97$30,000,000.00

**All dollar amounts quoted are in Canadian dollars.

Data sources:  sources including Statistics Canada, Wikipedia,, WealthX, and TD Bank,

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Jeff Wiener
Jeff Wiener

Jeff sold his company to private equity in 2017 and is now semi-retired. Jeff spends time traveling and with his family, writing this blog, managing his real estate portfolio of apartment buildings,  overseeing his investment portfolio, investigating angel investments, coaching other entrepreneurs, and managing his private equity holdings. Jeff is currently on a couple of boards, one for profit, the other not for profit, and now helps entrepreneurs grow their business, profits, and ultimately, create wealth.

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