James Parkyn is a portfolio manager with PWL Capital Inc. and is securities-licensed by the Investment Industry Regulatory Organization of Canada (IIROC).
François Doyon La Rochelle is a portfolio manager with PWL Capital Inc. and is securities-licensed by the Investment Industry Regulatory Organization of Canada (IIROC).
Raymond Kerzérho is the Director of research with PWL Capital Inc.
May 12, 2021
In this episode of Capital Topics, James Parkyn and Raymond Kerzérho meet with Alain Desbiens, director for Quebec and Eastern Canada at BMO ETFs. Alain provides us with a bird’s eye view of millionaires in Canada and worldwide.
Discussion points:
- The definition of a high, very high and ultra high net worth individual
- Where does their wealth come from?
- Their asset mix across public market holdings, private holdings, real estate, etc.
- The main interests and passions of wealthy individuals
- The distribution of wealth in Canada and Quebec.
- And much more!
Links:
Report of the Parliamentary Budget Officer on the distribution of wealth in Canada