Fact Sheet Calgary Wealth C A LG A R Y C E N S U S M E T R O P O L I TA N A R E A ( C M A ) 2017 E D I T I O N R E S E A R C H & S T R AT E G Y P U B L I S H E D : F E B R U A RY 2 0 1 8
From personal income to investments, Calgary is Canada’s leader in earnings and financial management. This fact sheet provides analysis of wealth distribution across Canada. Topics include: millionaires, personal income per capita, wages and salaries, household income, financial security and calculated financial assets (CFA).
The number of Calgary millionaires has steadily increased since 2009, with 3,230 millionaires in 2015. In 2015, Calgary had the highest number of millionaires in Canada (persons reporting personal income of $1 Million+), on a per capita basis, at 225.3 per 100,000 population. Calgary’s 10-year total growth (2006-2015) in millionaires per capita is 42.9 per cent.
Millionaires
In 2015, Calgary millionaires reported a median income of $1,568,280, placing third among Canada’s major Census Metropolitan Areas (CMAs).
Data for millionaires in Canada is derived from income reports of tax filers, with 2015 the most recent available.
Number of Millionaires Calgary CMA 3,230
3,500
3,000
2,000 2012
2,480
2,140
1,960
1,795
1,715
2011
870
1,000
1,165
1,500
500
2,385
1,780
2,000
2,480
2,260
2,500
2015
2014
2013
2010
2009
2008
2007
2006
2005
2004
2003
0
Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population
calgaryeconomicdevelopment.com | 1
Fact Sheet: Calgary Wealth, 2017 Edition Published: February 2018
Millionaires Per Capita
250
225.3
200 176.9 158.1
150 115.5
107.9
100
84.1 61.0
64.6
89.5
64.7 65.5
53.6
50 21.5 20.5
0
Vancouver
Edmonton
Calgary
2013 Millionaires Per Capita (per 100,000 population)
Toronto
27.8
Ottawa
32.9
38.8
45.7
Montreal
56.3 40.7 42.8
Canada
2014 Millionaires Per Capita (per 100,000 population)
2015 Millionaires Per Capita (per 100,000 population) Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population
Number of Millionaires 10-Year Growth (2006-2015) 100% 86.9%
90% 80% 70% 60%
51.6% 50%
42.9%
40% 30% 20%
35.2%
34.5% 24.8%
21.3%
10% 0%
Vancouver
Edmonton
Calgary
Toronto
Ottawa
Montreal
Canada
Data released on a 2 year lag to current year. Source: Statistics Canada, 2015, Per 100,000 Population
calgaryeconomicdevelopment.com | 2
Fact Sheet: Calgary Wealth, 2017 Edition Published: February 2018
Millionaires Median Income (2015) $1,700,000 $1,661,780 $1,650,000 $1,627,960
$1,600,000 $1,568,280 $1,550,000
$1,551,590
$1,543,710
$1,542,640
$1,498,170
$1,500,000
$1,450,000
$1,400,000
Vancouver
Edmonton
Calgary
Toronto
Ottawa
Montreal
Canada
Data released on a 2 year l
