In Canada, wealthy people seem to overwhelmingly congregate in Toronto, where nearly 30 per cent of the country’s millionaires live, according to a new report from research firm WealthInsight.
Yet, if we step back, there are plenty of millionaires in Toronto (118,000), but that doesn’t quite stack up with other major cities in the world. On the global scale, Toronto’s number of millionaires would rank just 15th, not nearly enough to crack this list.