View source for List of Canadians by net worth

{{short description|List of richest Canadians}}
The following '''list of Canadians by net worth''' includes the [[wealthiest]] Canadian individuals and families as determined by the ''[[Bloomberg Billionaires Index]]'' and ''[[The World's Billionaires]]'' by ''[[Forbes]]''. In addition to [[Bloomberg L.P.|Bloomberg]] and ''Forbes'', some other organizations and publications also measure the wealth of high net-worth individuals and families.

==List of Canadians by net worth==
Several publications have produced listings of the world's wealthiest people by net worth, including [[Bloomberg News|Bloomberg]] and ''[[Forbes]]''. However, there are differences between these listings, with the number of billionaires that exist, as well as their estimated net worth.

According to ''[[Canadian Business]]'', in November 2017 there were at least 100 Canadian billionaires when using the [[Canadian dollar]] to evaluate [[net worth]].<ref name=cb>{{cite web|url=https://www.canadianbusiness.com/lists-and-rankings/richest-people/top-25-richest-canadians-2018/#gallery/canadas-richest-people-2018-the-top-25/slide-1|title=Canada's Richest People 2018: The Top 25 Richest Canadians|publisher=Rogers Media|work=Canadian Business|date=9 November 2017|access-date=18 November 2019|archive-date=12 November 2019|archive-url=https://web.archive.org/web/20191112172812/https://www.canadianbusiness.com/lists-and-rankings/richest-people/top-25-richest-canadians-2018/#gallery/canadas-richest-people-2018-the-top-25/slide-1|url-status=live}}</ref><ref name=cb2>{{cite web|url=https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list/|title=Canada's Richest People 2018: The Complete Top 100 Ranking|publisher=Rogers Media|work=Canadian Business|date=9 November 2017|access-date=19 November 2019|archive-date=23 October 2019|archive-url=https://web.archive.org/web/20191023092427/https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list/|url-status=live}}</ref> This number differs from ''[[The World's Billionaires]]'' by ''Forbes'', and the ''[[Bloomberg Billionaires Index]]'', as they both use the [[United States dollar]] to evaluate net worth.<ref name=ctv>{{cite web|url=https://www.ctvnews.ca/business/article/45-canadians-make-forbes-billionaires-list/|title=45 Canadians make Forbes billionaires list|date=5 March 2019|access-date=19 November 2019|archive-date=16 December 2019|archive-url=https://web.archive.org/web/20191216122145/https://www.ctvnews.ca/business/45-canadians-make-forbes-billionaires-list-1.4323142|url-status=live}}</ref><ref name=bloom>{{cite web|url=https://www.bloomberg.com/billionaires/|title=Bloomberg Billionaires Index|date=17 November 2023|access-date=18 November 2023|work=Bloomberg}}</ref> Publications may also provide different estimates for an individual's net worth, leading to disagreement between the publications.<ref>{{cite web|url=https://www.forbes.com/sites/hayleycuccinello/2020/11/24/no-elon-musk-is-not-the-second-richest-person-in-the-world/?sh=3286f5071c93|title=No, Elon Musk Is Not The Second Richest Person In The World -- Here's Why|work=Forbes|date=24 November 2020|access-date=25 November 2020|last=Cuccinello|first=Haley F.|archive-date=15 March 2022|archive-url=https://web.archive.org/web/20220315220116/https://gum.criteo.com/syncframe?origin=publishertag&topUrl=www.forbes.com|url-status=live}}</ref><ref name=forbesref2>{{cite web|url=https://www.abc.net.au/news/2021-01-08/elon-musk-named-richest-person-in-world-ahead-of-bezos/13041760|title=Elon Musk named richest person in the world according to Bloomberg, Forbes disagrees|last=Clayton|first=Rachel|work=ABC News|date=7 January 2021|access-date=2021-01-08|archive-date=2021-01-08|archive-url=https://web.archive.org/web/20210108013418/https://www.abc.net.au/news/2021-01-08/elon-musk-named-richest-person-in-world-ahead-of-bezos/13041760|url-status=live}}</ref>

Several Canadian individuals/families that hold [[multiple citizenships]] and have a net worth exceeding C$1 billion may also not be listed as Canadians by the aforementioned publications. For example, [[Elon Musk]], considered to be the richest person in the world in 2021, holds multiple citizenships, including [[Canadian citizenship]];<ref name=forbesref2/><ref name=cbc2021>{{cite web|url=https://www.cbc.ca/news/business/elon-musk-jeff-bezos-1.5864594|title=Elon Musk passes Jeff Bezos to become world's richest person on Bloomberg list|first=Pete|last=Evans|website=www.cbc.ca|publisher=Canadian Broadcasting Corporation|date=7 January 2021|access-date=7 January 2021|archive-date=7 January 2021|archive-url=https://web.archive.org/web/20210107171231/https://www.cbc.ca/news/business/elon-musk-jeff-bezos-1.5864594|url-status=live}}</ref>{{notetag|Elon Musk holds citizenship from Canada, South Africa, and the United States.}} although Bloomberg and ''Forbes''' listing of billionaires list Musk as an American.<ref name=bloom/><ref>{{cite web|url=https://www.forbes.com/billionaires/|title=World's Billionaires List|work=Forbes|access-date=31 August 2020|year=2020|archive-date=4 January 2019|archive-url=https://web.archive.org/web/20190104180124/https://www.forbes.com/billionaires/list/3/|url-status=live}}</ref>

===Bloomberg===

[[Bloomberg L.P.]] maintains a daily ranking of the net worth analysis of the world's richest people in the world on the Bloomberg Billionaires Index, which is updated "at the close of every trading day in New York", with the Top 500 provided online each day. The individual results are also published on the profile page of each billionaire.<ref name="Bloomberg_20200930">{{Cite news |title=Bloomberg Billionaires Index |work=Bloomberg |date=September 30, 2020 |access-date=October 1, 2020 |url=https://www.bloomberg.com//billionaires/ |archive-date=October 17, 2020 |archive-url=https://web.archive.org/web/20201017175401/https://www.bloomberg.com//billionaires/ |url-status =live}}</ref> Bloomberg's listing only evaluates the net worth of individuals.<ref name="Bloomberg_20200930"/>

The following is a list of the wealthiest individuals, in the world's Top 500, with "Canada" listed as their "Country/Region" according to Bloomberg's daily listing, the ''Bloomberg Billionaires Index'', {{asof|2024|6|1|lc=y}}.<ref name=Bloomberg202402>{{Cite news |title=Bloomberg Billionaires Index |work=Bloomberg |url=https://www.bloomberg.com//billionaires/ |access-date=2 July 2024|date=1 July 2024}}</ref>

{| class="wikitable sortable" border="1"
|+ List of wealthiest Canadians (Bloomberg, 1 July 2024)<ref name=Bloomberg202402/>{{notetag|name=explc|The list only includes individuals that were categorized as Canadians by the publication.}}
|-
! World<br>rank !! Canadian<br>rank !! Name !! Net worth ({{abbr|USD|US dollar}}) !! Industry
|-
| align="center"|{{nts|42}} || align="center"|{{nts|1}} || {{sortname|Changpeng|Zhao}} || align="center"|$37.9&nbsp;billion || Finance
|-
| align="center"|{{nts|101}} || align="center"|{{nts|2}} || {{sortname|Sherry|Brydson}}{{notetag|name=Thompson|Member of the [[Thomson family]]: Brydson holds a roughly 23% stake in the family's [[The Woodbridge Company]], while her three cousins, the siblings David, Taylor and Peter, hold a roughly 14% stake each, and her other three cousins, the siblings Linda, Susan (died 2017, stake bequeathed to her four children)<ref>{{cite news |title=Obituary: Susan Elaine Grange (nee Campbell) |date=2017-10-25 |newspaper=[[The Globe and Mail]] |url=https://www.legacy.com/ca/obituaries/theglobeandmail/name/susan-grange-obituary?id=41411506 |access-date=2024-02-19 |via=[[Legacy.com]]}}</ref> and Gaye, hold a roughly 11% stake each.<ref>{{cite news |title=Bloomberg Billionaires Index {{!}} # 291 Linda Campbell $8.19B |date=2023-12-14 |work=[[Bloomberg News]] |url=https://www.bloomberg.com/billionaires/profiles/linda-campbell/ |access-date=2024-02-19 |url-access=subscription |archive-url=https://web.archive.org/web/20231220084625/https://www.bloomberg.com/billionaires/profiles/linda-campbell/ |archive-date=2023-12-20 |url-status=live}}</ref>}} || align="center"|$19.7&nbsp;billion || Media & Telecom
|-
|rowspan="3" align="center"|{{nts|178}} ||rowspan="3" align="center"|{{nts|3}} || {{sortname|David|Thomson|David Thomson, 3rd Baron Thomson of Fleet}}{{notetag|name=Thompson}} || align="center"|$12.2&nbsp;billion || Media & Telecom
|-

|| Taylor Thomson{{notetag|name=Thompson}} || align="center"|$12.2&nbsp;billion || Media & Telecom
|-
|| {{sortname|Peter|Thomson|Peter Thomson (racing driver)}}{{notetag|name=Thompson}} || align="center"|$12.2&nbsp;billion || Media & Telecom
|-
|rowspan="2" align="center"|{{nts|262}} ||rowspan="2" align="center"|{{nts|6}} || [[Linda Campbell]]{{notetag|name=Thompson}} || align="center"|$9.57&nbsp;billion || Media & Telecom
|-
|| [[Gaye Farncombe]]{{notetag|name=Thompson}} || align="center" |$9.57&nbsp;billion || Media & Telecom
|-
| align="center"|{{nts|267}} || align="center"|{{nts|8}} || {{sortname|David|Cheriton}} || align="center"|$9.37&nbsp;billion || Technology
|-
| align="center"|{{nts|367}} || align="center"|{{nts|9}} || {{sortname|Alain|Bouchard}} || align="center"|$7.29&nbsp;billion || Retail
|-
| align="center"|{{nts|408}} || align="center"|{{nts|10}} || {{sortname|Jim|Pattison}} || align="center"|$6.75&nbsp;billion || Media & Telecom
|-
| align="center"|{{nts|476}} || align="center"|{{nts|11}} || {{sortname|Chip|Wilson}} || align="center"|$6.12&nbsp;billion || Retail
|-
| align="center"|{{nts|488}} || align="center"|{{nts|12}} || {{sortname|Tobi|Lütke}} || align="center"|$5.92&nbsp;billion || Technology
|}

===''Forbes''===
''Forbes'' magazine's annual listing of billionaires entitled ''The World's Billionaires'' is based on March 10, 2023, "stock prices and exchange rates" in US dollars.<ref name=forbes-billionaires>{{cite web|url=https://www.forbes.com/billionaires/|title=Forbes Billionaires 2023: The Richest in the World|year=2023|access-date=18 November 2023|work=[[Forbes]]}}</ref> They collaborate with [[FactSet Research Systems]], Orbis, PitchBook Data, [[Real Capital Analytics]], [[Reonomy]], [[S&P Capital IQ]], and [[VesselsValue]] to collect data.<ref name="Forbes_2020">{{Cite magazine| title = Forbes Billionaires 2020| magazine = Forbes| access-date = October 1, 2020| url = https://www.forbes.com/billionaires/| archive-date = January 4, 2019| archive-url = https://web.archive.org/web/20190104180124/https://www.forbes.com/billionaires/list/3/| url-status = live}}</ref> 

''Forbes'' will typically list individuals rather than multigenerational families with shared wealth, although their listing will consolidate the wealth belonging to a billionaire's spouse and children if that person is the founder of the fortune.<ref name="forbes-billionaires" />

The following is a list of the wealthiest Canadian individuals and families according to the ''Forbes''' annual ''The World's Billionaires'' listing for 2023.
{| class="wikitable sortable" border="1"
|+ List of wealthiest Canadians (''Forbes'', 2023)<ref name="forbes-billionaires" />{{notetag|name=explc}}
|-
! World rank !! Name !! Net worth ({{abbr|USD|US dollar}}) !! Source of wealth
|-
| align="center"|{{nts|22}} || {{sortname|David|Thomson|David Thomson, 3rd Baron Thomson of Fleet}} & family || align="center"|US$54.4&nbsp;billion || Media
|-
| align="center"|{{nts|167}} || {{sortname|Changpeng|Zhao|Changpeng Zhao}} || align="center"|US$10.5&nbsp;billion || Cryptocurrency exchange
|-
| align="center"|{{nts|202}} || {{sortname|Jim|Pattison|Jim Pattison}} || align="center"|US$9.5&nbsp;billion || Diversified
|-
| align="center"|{{nts|215}} || {{sortname|David|Cheriton|David Cheriton}} || align="center"|US$9&nbsp;billion || Google
|-
| align="center"|{{nts|290}} || {{sortname|Joseph|Tsai|Joseph Tsai}} || align="center"|US$7.6&nbsp;billion || E-commerce
|-
| align="center"|{{nts|425}} || {{sortname|Alain|Bouchard|Alain Bouchard}} || align="center"|US$6&nbsp;billion || Convenience stores
|-
| align="center"|{{nts|445}} || {{sortname|Arthur|Irving|Arthur Irving}} || align="center"|US$5.7&nbsp;billion || Oil
|-
| align="center"|{{nts|466}} || {{sortname|James K.|Irving|James K. Irving}} || align="center"|US$5.5&nbsp;billion || Diversified
|-
| align="center"|{{nts|511}} || {{sortname|Mark|Scheinberg|Mark Scheinberg}} || align="center"|US$5.2&nbsp;billion || Online gambling
|-
| align="center"|{{nts|534}} || {{sortname|Chip|Wilson|Chip Wilson}} || align="center"|US$5&nbsp;billion || Lululemon
|-
| align="center"|{{nts|552}} || {{sortname|Lino|Saputo|Lino Saputo}} & family || align="center"|US$4.9&nbsp;billion || Cheese
|-
| align="center"|{{nts|580}} || {{sortname|Carlo|Fidani|Carlo Fidani}} || align="center"|US$4.7&nbsp;billion || Real estate
|-
| align="center"|{{nts|636}} || {{sortname|Daryl|Katz|Daryl Katz}} || align="center"|US$4.3&nbsp;billion || Pharmacies
|-
| align="center"|{{nts|699}} || {{sortname|Tobias|Lütke|Tobias Lütke}} || align="center"|US$4&nbsp;billion || E-commerce
|-
| align="center"|{{nts|787}} || {{sortname|Leonid|Boguslavsky|Leonid Boguslavsky}} || align="center"|US$3.6&nbsp;billion || Venture capital
|-
| align="center"|{{nts|787}} || Bob Gaglardi || align="center"|US$3.6&nbsp;billion || Hotels
|-
| align="center"|{{nts|787}} || {{sortname|Lawrence|Stroll|Lawrence Stroll}} || align="center"|US$3.6&nbsp;billion || Fashion investments
|-
| align="center"|{{nts|818}} || {{sortname|Barry|Zekelman|Barry Zekelman}} || align="center"|US$3.5&nbsp;billion || Steel
|-
| align="center"|{{nts|878}} || {{sortname|Peter|Gilgan|Peter Gilgan}} || align="center"|US$3.3&nbsp;billion || Homebuilding
|-
| align="center"|{{nts|878}} || Stephen Smith || align="center"|US$3.3&nbsp;billion || Finance and investments
|-
| align="center"|{{nts|949}} || {{sortname|Ryan|Cohen|Ryan Cohen}} || align="center"|US$3.1&nbsp;billion || Investments
|-
| align="center"|{{nts|982}} || {{sortname|Jean|Coutu|Jean Coutu (pharmacist)}} & family || align="center"|US$3&nbsp;billion || Pharmacies
|-
| align="center"|{{nts|1027}} || {{sortname|Jacques|D'Amours|Jacques D'Amours}} & family || align="center"|US$2.9&nbsp;billion || Convenience stores
|-
| align="center"|{{nts|1067}} || {{sortname|Garrett|Camp|Garrett Camp}} || align="center"|US$2.8&nbsp;billion || Uber
|-
| align="center"|{{nts|1104}} || {{sortname|N. Murray|Edwards|N. Murray Edwards}} || align="center"|US$2.7&nbsp;billion || Oil & gas
|-
| align="center"|{{nts|1104}} || {{sortname|Bruce|Flatt|Bruce Flatt}} || align="center"|US$2.7&nbsp;billion || Money management
|-
| align="center"|{{nts|1104}} || Pan Dong || align="center"|US$2.7&nbsp;billion || Consumer goods
|-
| align="center"|{{nts|1164}} || Mark Leonard & family || align="center"|US$2.6&nbsp;billion || Technology
|-
| align="center"|{{nts|1217}} || {{sortname|Charles|Bronfman|Charles Bronfman}} || align="center"|US$2.5&nbsp;billion || Liquor
|-
| align="center"|{{nts|1217}} || Serge Godin || align="center"|US$2.5&nbsp;billion || Information technology
|-
| align="center"|{{nts|1272}} || {{sortname|Mitchell|Goldhar|Mitchell Goldhar}} || align="center"|US$2.5&nbsp;billion || Real estate
|-
| align="center"|{{nts|1368}} || Chulong Huang || align="center"|US$2.2&nbsp;billion || Real estate
|-
| align="center"|{{nts|1368}} || Max Lytvyn || align="center"|US$2.2&nbsp;billion || Software
|-
| align="center"|{{nts|1368}} || Alex Shevchenko || align="center"|US$2.2&nbsp;billion || Software
|-
| align="center"|{{nts|1368}} || Clayton Zekelman || align="center"|US$2.2&nbsp;billion || Steel
|-
| align="center"|{{nts|1434}} || Zhang Ning & family || align="center"|US$2.1&nbsp;billion || Chemicals
|-
| align="center"|{{nts|1516}} || Bill Malhotra || align="center"|US$2&nbsp;billion || Real estate
|-
| align="center"|{{nts|1516}} || {{sortname|Larry|Tanenbaum|Larry Tanenbaum}} || align="center"|US$2&nbsp;billion || Sports
|-
| align="center"|{{nts|1575}} || Guo Zhenyu & family || align="center"|US$1.9&nbsp;billion || Cosmetics
|-
| align="center"|{{nts|1647}} || {{sortname|Robert|Miller|Robert Miller (Canadian businessman)}} || align="center"|US$1.8&nbsp;billion || Electronic components
|-
| align="center"|{{nts|1647}} || {{sortname|Pierre Karl|Péladeau|Pierre Karl Péladeau}} || align="center"|US$1.8&nbsp;billion || Media
|-
| align="center"|{{nts|1647}} || Alan Zekelman || align="center"|US$1.8&nbsp;billion || Steel
|-
| align="center"|{{nts|1725}} || {{sortname|Jay S.|Hennick|Jay S. Hennick}} || align="center"|US$1.7&nbsp;billion || Real estate finance
|-
| align="center"|{{nts|1725}} || {{sortname|Hal|Jackman|Hal Jackman}} || align="center"|US$1.7&nbsp;billion || Insurance, investments
|-
| align="center"|{{nts|1804}} || Jack Cockwell || align="center"|US$1.6&nbsp;billion || Real estate, private equity
|-
| align="center"|{{nts|1804}} || {{sortname|Richard|Fortin|Richard Fortin (businessman)}} || align="center"|US$1.6&nbsp;billion || Convenience stores
|-
| align="center"|{{nts|1804}} || {{sortname|Terry|Matthews|Terry Matthews}} || align="center"|US$1.6&nbsp;billion || Telecom
|-
| align="center"|{{nts|1905}} || {{sortname|Stephen A.|Jarislowsky|Stephen A. Jarislowsky}} || align="center"|US$1.5&nbsp;billion || Money management
|-
| align="center"|{{nts|2020}} || {{sortname|Michael|Lee-Chin|Michael Lee-Chin}} || align="center"|US$1.4&nbsp;billion || Mutual funds
|-
| align="center"|{{nts|2020}} || {{sortname|Brandt C.|Louie|Brandt C. Louie}} || align="center"|US$1.4&nbsp;billion || Pharmacies
|-
| align="center"|{{nts|2020}} || Yuan Liping || align="center"|US$1.4&nbsp;billion || Pharmaceuticals
|-
| align="center"|{{nts|2133}} || {{sortname|Stewart|Butterfield|Stewart Butterfield}} || align="center"|US$1.3&nbsp;billion || Messaging software
|-
| align="center"|{{nts|2133}} || Philip Fayer || align="center"|US$1.3&nbsp;billion || Online payments
|-
| align="center"|{{nts|2133}} || Zhao Tongtong || align="center"|US$1.3&nbsp;billion || Hotels
|-
| align="center"|{{nts|2259}} || Naomi Azrieli || align="center"|US$1.2&nbsp;billion || Real estate
|-
| align="center"|{{nts|2259}} || {{sortname|Sharon|Azrieli|Sharon Azrieli}} || align="center"|US$1.2&nbsp;billion || Real estate
|-
| align="center"|{{nts|2259}} || {{sortname|Guy|Laliberté|Guy Laliberté}} || align="center"|US$1.2&nbsp;billion || Cirque du Soleil
|-
| align="center"|{{nts|2259}} || Francesco Saputo || align="center"|US$1.2&nbsp;billion || Cheese
|-
| align="center"|{{nts|2259}} || {{sortname|Gerald|Schwartz|Gerald Schwartz}} || align="center"|US$1.2&nbsp;billion || Finance
|-
| align="center"|{{nts|2540}} || {{sortname|Apoorva|Mehta|Apoorva Mehta}} || align="center"|US$1&nbsp;billion || Grocery delivery service
|-
| align="center"|{{nts|2540}} || Réal Plourde || align="center"|US$1&nbsp;billion || Convenience stores
|-
| align="center"|{{nts|2540}} || {{sortname|Prem|Watsa|Prem Watsa}} || align="center"|US$1&nbsp;billion || Insurance, investments
|}

==Historical==
The richest Canadian to have ever lived is believed to be [[Herbert Samuel Holt]], president of 27 corporations (including [[Royal Bank of Canada]] and [[Montreal Light, Heat & Power]]), and a director of 250 companies worldwide, who had an estimated net worth of {{CA$|3|link=yes}}{{nbsp}}billion in 1928 (equivalent to ${{Inflation|CA|3|1928|r=1}}{{nbsp}}billion in {{Inflation/year|CA}}).<ref name=richest-canadian>{{cite magazine |title=The richest Canadian who ever lived |first=Peter C. |last=Newman |author-link=Peter C. Newman |date=1958-12-20 |magazine=[[Maclean's]] |pages=26–27, 38 |url=https://archive.macleans.ca/article/1958/12/20/the-richest-canadian-who-ever-lived |access-date=2024-02-18 |archive-url=https://web.archive.org/web/20220907200147/https://archive.macleans.ca/article/1958/12/20/the-richest-canadian-who-ever-lived |archive-date=2022-09-07 |url-status=dead}}</ref>

==Other measurements and rankings of net worth==
===Statistics Canada===
[[Statistics Canada]] uses the Survey Financial Security Public Use Microdata File (SFS PUMF) as their principal "family wealth microdata product".<ref name="PBO_20200617"/>{{rp|1,3}}

===Parliamentary Budget Officer===
In September 2019, the [[Parliamentary Budget Officer|Office of the Parliamentary Budget Officer]] (PBO)—an independent, non-partisan office that supports the work of parliamentarians by providing authoritative financial and economic analysis of issues related to public monies—published a two-page cost estimate of the "fiscal revenues of an annual tax on the net wealth of high-net-worth families above $20 million".<ref name="PBO_20200617">{{cite report |title=Estimating the top tail of the family wealth distribution in Canada |date=June 17, 2020 |access-date=October 1, 2020 |url=https://www.pbo-dpb.gc.ca/web/default/files/Documents/Reports/RP-2021-007-S/RP-2021-007-S_en.pdf |work=[[Parliamentary Budget Officer|Office of the Parliamentary Budget Officer]] (PBO) |first=Yves |last=Giroux |pages=28 |number=RP-2021-007-S_e |archive-date=September 30, 2020 |archive-url=https://web.archive.org/web/20200930070155/https://www.pbo-dpb.gc.ca/web/default/files/Documents/Reports/RP-2021-007-S/RP-2021-007-S_en.pdf |url-status=live }}</ref>{{rp|3}} The report was one of 200, requested by the political parties in the months leading up to the 2019 federal election.<ref name="PBO_20200617" />{{rp|3}} At that time, the main "family wealth microdata product" used by Statistics Canada—the Survey Financial Security Public Use Microdata File (SFS PUMF)—was found to result in "underreporting" and "missing data."<ref name="PBO_20200617"/>{{rp|1,3}} In their 2017 list that ranked Canada's top 100 richest people, Toronto-based [[Rob McEwen]] of [[McEwen Mining]], ranked 100th with a net worth of C$875 million, while number 1 on the list—the Toronto-based Thomson family of [[Thomson Reuters]]—had a net worth of C$39.13 billion.<ref name="canadianbusiness_2017">{{Cite news| title = Canada's Richest People: The Complete Top 100 Ranking (2017)| work = Canadian Business| date = December 7, 2016| access-date = October 1, 2020| url = https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2017/| quote = "Our 18th annual guide to the richest people in Canada—how much they’re worth, how they made their fortunes, and the companies that got them there"| archive-date = October 31, 2020| archive-url = https://web.archive.org/web/20201031071501/https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2017/| url-status = live}}</ref> However, the SFS PUMF only reported on the wealth of families with $27 million or less.<ref name="PBO_20200617"/>{{rp|3}}

In their June 2020 report, the PBO introduced their new "analytic resource" developed to "address the data gap." Their new modelling approach provides a more reliable estimate of family wealth at the top tail of wealth distribution in Canada. Using publicly available data from ''Canadian Business'' (CB) magazine and Statistics Canada's micro dataset, the OPBO created a new synthetic micro dataset called the High-net-worth Family Database (HFD) that recalibrates the SFS PUMF by adding a "synthetic dataset of families with wealth over $3 million".<ref name="PBO_20200617"/>{{rp|1}} Using the more finely grained micro data base, PBO found that the share of the wealth held by top 1% wealthiest Canadian families is 12% higher than the share previously reported using the SFS PUMF. The PBO says that the discrepancy may be due to higher incidences of high net worth families not responding to the SFS.<ref name="PBO_20200617"/>{{rp|1}} For example, comparing the two surveys based on 2016 data, the SFS PUMF had estimated the wealth held by the top 1% wealthiest Canadians as 13.7%, while the newer calibrated database HFD produced an estimate of 25.6%.<ref name="PBO_20200617"/>{{rp|1}}

===''Canadian Business''===
''Canadian Business'', has also published an annual ranking of the wealthiest Canadian individuals and families since 1998. The magazine has published complete rankings of the "100 wealthiest individuals and families in Canada", an "annual guide to the richest people in Canada—how much they're worth, how they made their fortunes, and the companies that got them there."<ref name="canadianbusiness_2017"/> The most recent available list is updated to 2018.<ref name="canadianbusiness_2018">{{Cite news| title = Canada's Richest People: The Complete Top 100 Ranking (2018)| work = Canadian Business| access-date = October 1, 2020| url = https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2017/| archive-date = October 31, 2020| archive-url = https://web.archive.org/web/20201031071501/https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2017/| url-status = live}}</ref> Examples of previous years include 2017,<ref name="canadianbusiness_2017"/> 2016,<ref name="canadianbusiness_2016">{{Cite news| title = Canada's Richest People: The Complete Top 100 Ranking (2016)| work = Canadian Business| date = December 24, 2015| access-date = October 1, 2020| url = https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2016/| archive-date = November 12, 2020| archive-url = https://web.archive.org/web/20201112020214/https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2016/| url-status = live}}</ref> 2015,<ref name="canadianbusiness_2015">{{Cite news| title = Canada's Richest People: The Complete Top 100 Ranking (2015)| work = Canadian Business|date=January 15, 2015| access-date = October 1, 2020| url = https://www.canadianbusiness.com/lists-and-rankings/richest-people/100-richest-canadians-complete-list-2014/}}</ref> 2014, and 2013.<ref name="canadianbusiness_2014">{{Cite news| title = Canada's Richest People: The Complete Top 100 Ranking (2014)| work = Canadian Business| date = January 9, 2014| access-date = October 1, 2020| url = https://www.canadianbusiness.com/lists-and-rankings/rich-100-the-full-2014-ranking/| archive-date = November 27, 2020| archive-url = https://web.archive.org/web/20201127185126/https://www.canadianbusiness.com/lists-and-rankings/rich-100-the-full-2014-ranking/| url-status = live}}</ref>

The Thomson Family increased their wealth by 30% from over C$26 billion in 2013<ref name="canadianbusiness_2014"/> to over C$30 billion in 2014,<ref name="canadianbusiness_2014"/> reaching over C$39.13 billion by 2017.<ref name="canadianbusiness_2017"/>

==See also==
* [[Lists of people by net worth]]

==Notes==
{{notefoot}}

== References ==
{{reflist}}

{{Lists of billionaires}}

{{DEFAULTSORT:Canadians by net worth}}
[[Category:Lists of Canadian people|Net worth]]
[[Category:Lists of people by wealth]]
[[Category:Canadian billionaires| ]]
[[Category:Economy of Canada-related lists]]