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0.00577830188679256 0.00577830188679256 -0.00471698113207537 -0.0031839622641509 -0.00165094339622642 0.00194575471698121 0.00442216981132075 0.00356721698113218
Stock impact report

Household net worth climbs while asset concentration deepens [Wealth Professional (Canada)]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Canada's household net worth reached $17.9 trillion in the second quarter of 2025, though nearly 70% of financial assets remain concentrated among the top 20% of wealth holders, according to Statistics Canada. The agency's national balance sheet showed net worth increased 1.5% from the prior quarter, extending a streak of quarterly gains to seven. Financial assets accounted for most of the increase, rising 2.7% to a record $11.2 trillion. Statistics Canada said the distribution of those assets remains uneven, leaving wealthier households “best positioned to benefit from investment income and valuation gains when markets perform well.” Market performance supported the increase. The S&P 500 Index gained 10.6% during the quarter after a first-quarter decline, while the S&P/TSX Composite Index rose 7.8% following muted growth earlier in the year. “Canadian household balance sheets remain resilient in Q2 despite uncertainties around trade policies and a more volatile stock market, w Show less Read more
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