Some powerful "rich" new immigrants will carefully consider the best city to live in before coming to Canada. So where do rich people like to live, and which areas are their favorites? Although there are many organizations that make selections every year, and the rankings change slightly, the ones who make the list are generally the same.
Recently, a survey by Canadian Business Magazine showed that the richest people in Canada include entrepreneurs, politicians, sports and entertainment stars, etc. Almost all of them live in Canada's three major cities, Toronto , Vancouver and in Montreal, and to a lesser extent in other cities.
The agency provides ratings based on data such as real estate prices, unemployment rate, employment growth, average income, and overall average net worth of residents, and quality of life in various urban areas in Canada. The ranking of Canada's richest urban areas in 2022 is as follows!
will reveal this year's Top 10 for you right away:
10
Red Deer City, Alta. Red Deer is the third largest city in the oil-producing province of , Alberta.
The city is named for its proximity to the Red Deer River and is rich in tourism resources. The well-known Alberta Sports Hall of Fame and Museum has a complete park planning system that provides tourists with multiple bicycle or hiking routes.
The city has a population of over 100,000, a strong and diversified economy, is home to many corporate headquarters and businesses, and has a low unemployment rate.
The average household net worth is C$1.16 million.
9
Richmond
Richmond in Greater Vancouver has convenient transportation, beautiful scenery, high livability and tourism index. It is also the home of many large enterprises such as Canadian Pacific Railway Telus and The Coca-Cola Company .
Fisherman’s Wharf is located at the estuary of the Fraser River in Richmond. It is known to all travel enthusiasts. It is near the sea, has beautiful scenery, and has many delicious food. It is often selected as a filming location for big-name film crews. It is the most popular tourist attraction in Metro Vancouver. One of the attractions, Richmond can be said to be one of the favorite cities for Chinese Canadians to live!
The average median household income is $120,000 CAD.
The average household net worth is C$1.2 million.
8
Leduc, Alberta Leduc
Leduc, Alberta is located about 20 kilometers south of the provincial capital Edmonton . It may be relatively unpopular in terms of popularity.
However, due to this city’s strategic economic location and strong business environment, its advantageous industries are energy, tourism, agriculture and high-tech, it is not surprising that the economy is developed, the city is prosperous, and there are many rich people!
The average household net worth is C$1.21 million.
7
Guelph, Ontario
Guelph is only an hour's drive from Toronto. It has beautiful outdoor trails, a city center rich in history, public art, and a variety of local gourmet restaurants, as well as various award-winning celebrations. Guelph's covered bridge is Ontario One of the 2 blocks of .
The University of Guelph is famous far and wide. It is also home to many large enterprises such as grocery retailer Loblaws and auto parts manufacturer Magna International. It is one of the favorite weekend destinations for Toronto residents.
The median household income is $110,000 Canadian dollars.
The average household net worth is C$1.24 million.
Caledon, Ontario
Caledon is located in the Peel Region of the GTA, close to Toronto. Due to its convenient transportation to Toronto and its beautiful rural natural environment, Caledon has attracted many professionals, executive business owners and high-income earners to settle here;
The average household net worth Assets are C$1.32 million.
5
Markham, Ontario Markham , Samsung Electronics Canada and Huawei Canada, etc.
In terms of life, there are T&T, the most pioneering Chinese supermarket in Canada, Sichuan, Cantonese and Northeastern barbecue restaurants, Chinese KTV and other entertainment venues. Markham currently has about 328,000 people, making it the fourth most populous city after Toronto, Mississauga and Brampton. It is known as the preferred settlement place for Chinese in Canada.
The average household net worth is 1.56 million Canadian dollars
4
Vaughan, Ontario Vaughan
Vaughan, a city with rapid economic development, should be familiar to every international student! It has the largest shopping mall vms, the playground Wonderland, and the York University campus. It is one of the emerging centers of life,
leisure and entertainment in the Greater Toronto Area.
There are high-density enterprises and employment opportunities here. Blackberry, Magna International, PWC and many other multinational company headquarters and start-up companies have chosen this place. The current population exceeds 300,000, and of course it is the favorite residence of many high-income professionals and Chinese. One of the places.
It is worth mentioning that the median house price in Vaughan exceeds 1 million Canadian dollars, making it one of the most expensive places to live in Canada.
The average household income exceeds 100,000 Canadian dollars.
The average household net worth is C$1.67 million.
3
Beaconsfield, Quebec Beaconsfield
Located in the Montreal metropolitan area, Beaconsfield has a population of 19,000 and is a city known for its high level of wealth and prosperity.
It has a long history of cultural centers, concert halls, art galleries, Canada's first-class primary and secondary schools, hospitals and entertainment, as well as many high-end boutiques and restaurants. It is the home of luxury businessmen and professionals, especially celebrities and professional athletes. Your dear!
The average household income is approximately CAD$200,000.
The average household net worth is C$1.69 million.
2
Westmount, Quebec Westmount
Many people may not have thought that what is the charm of Westmount, the wealthy city ranked second on the list?
Let’s put it this way, let’s not mention household income and net worth. Canada’s real estate here is very expensive. The average price of a single-family home is CAD 2.72 million. It is also home to the richest businessmen and celebrities in Canada Cirque du Soleil Founder Guy Laliberte, former Prime Minister Paul martin and fashion designer Philippe The hometown of Blondel and so on, you would say it is a place where rich people dare to live, right?
The average household net worth is C$3.65 million.
1
West Vancouver, BC Province West Vancouver
The world-famous West Vancouver Needless to say, keywords: the cradle of the rich!
There are waterside mansions, private gardens, courtyard luxury cars and private yachts everywhere, where the world's top rich and famous people live!
The richest cities in Canada ranked first by various agencies almost all of them have the most expensive real estate in the world. People who pay attention to Canadian housing prices will not be surprised. Houses in West Vancouver can easily cost millions or even tens of millions, even for ordinary ones. The price of a detached house is comparable to that of a luxury home. The average house price ranks first in the country, reaching 2.8 million yuan.
The average household net worth is as high as 4.45 million Canadian dollars.
The average household net worth is CAD $4.5 million.
