Vancouver becomes Canada’s first 'city of millionaires,' study finds

Households in British Columbia are the richest, according to the study, with net worth growing by 6.3 per cent to $883,049. Growth in B.C. was fuelled by a scorching hot real estate market centred on Greater Vancouver. In fact, Vancouver became Canada’s first “city of millionaires” with the average household net worth hitting $1,036,202, a 7.1-per-cent increase from 2014. http://www.theglobeandmail.com/report-on-business/economy/vancouver-becomes-canadas-first-city-of-millionaires-study-finds/article31710518