A new study suggests that Canada’s millionaire club is going to have a lot more members over the next decade. The study, released by the Deloitte Center for Financial Services, predicts the number of Canada’s millionaires will surge to more than 2.4 million by 2020 — up by more than 32 per cent from the current 1.7 million. The study also says the assets of those millionaires will reach $6.77 trillion. The surge in wealth is partly due to Canada’s strong economy, particularly in the resource sector. Globally, wealth among millionaire households could more than double over the next decade in 25 major economies, growing from an estimated $92 trillion this year to $202 trillion in 2020. Despite the growth of emerging markets, developed nations are expected to remain the centres of global wealth, with 43 per cent of the world’s wealth held by millionaires in the U.S. Among the reports other findings: • Among emerging markets, Deloitte expects China to continue to be the driving force in the growth of millionaire wealth, followed by Brazil and Russia. Of the 25 countries examined in this study, China and South Korea will join the top 10 countries in terms of the total number of millionaires by 2020. • While Switzerland may have the highest per capita wealth overall of the countries studied with $4.2 million in 2011, Singapore may rank No. 1 in 2015 and 2020 with $4.5 million and $5.4 million, respectively, in per capita wealth. • Australia may make an entry into the top 10 in 2020 with 1.6 million millionaire households; the country is also projected to experience the fastest growth rate of the developed economies. • The wealth of millionaire households in the U.S. could reach $87 trillion in 2020, up from $39 trillion in 2011. In 2020, 43 percent of the world’s wealth held by millionaire households is predicted to be in the U.S. While this is only a slight increase from 42 percent presently, the number of millionaire households in the country is projected to increase from an estimated 10.5 million in 2011 to 20.6 million in 2020. • Among the forecasts for each of the individual 50 U.S. states, California is expected to remain the state with the wealthiest households, while New Jersey will continue to have the greatest density of millionaire households. The East Coast could see the highest growth rates; New York and Florida will together add 1.5 million new millionaire households by 2020. - Canadian Press and Staff
Saturday, May 7, 2011
Canadian millionaire club to swell by nearly 700,000
Friday, May 6, 2011
Leader Board Markets
Volume Leaders
Symbol Name Last Trade Change Volume Related Info MFC.TO MANULIFE FIN 17.40 
3,795,129 Chart, Profile, More EQN.TO EQUINOX MINERALS LIMITED 8.10 3,187,677 Chart, Profile, More SU.TO SUNCOR ENERGY INC. 40.72 2,408,746 Chart, Profile, More XIU.TO iShares S&P/TSX 60 Index 19.50 2,164,084 Chart, Profile, More ELR.TO EASTERN PLATINUM LIMITED 1.05 1,633,307 Chart, Profile, More BBD-B.TO BOMBARDIER INC., CL. B, SV 6.86 1,435,505 Chart, Profile, More CNQ.TO CDN NATURAL RES 42.19 1,211,667 Chart, Profile, More LUN.TO LUNDIN MINING CORP. 8.92 1,090,926 Chart, Profile, More AC-B.TO AIR CANADA, CL.B 2.46 1,026,394 Chart, Profile, More SLW.TO SILVER WHEATON CORP. 35.15 1,012,063 Chart, Profile, More G.TO GOLDCORP INC 47.81 936,359 Chart, Profile, More NXY.TO NEXEN INC. 24.14 900,676 Chart, Profile, More QUX.TO QUADRA FNX MINING LTD. 14.04 
888,739 Chart, Profile, More ABX.TO BARRICK GOLD CORPORATION 45.72 885,049 Chart, Profile, More GPR.TO GREAT PANTHER SILVER LIMITED 3.31 810,152 Chart, Profile, More K.TO KINROSS GOLD CORP. 14.48 771,612 Chart, More YRI.TO YAMANA GOLD INC 11.67 770,541 Chart, Profile, More RIM.TO RESEARCH IN MOTION LIMITED 44.90 716,994 Chart, Profile, More TCK-B.TO Teck Resources Limited 48.40 694,035 Chart, Profile, More FR.TO FIRST MAJESTIC SILVER CORP. COM 17.86 663,612 Chart, Profile, More TLM.TO TALISMAN ENERGY INC. 21.42 599,768 Chart, Profile, More POT.TO POTASH CORP OF SASK INC 51.75 586,772 Chart, Profile, More EDR.TO ENDEAVOUR SILVER CORP. 9.16 586,187 Chart, Profile, More BAJ.TO BAJA MINING CORP. 1.22 582,130 Chart, Profile, More PWT.TO PENN WEST PETROLEUM LTD. 23.81 548,311 Chart, More
Volume Leaders
| Symbol | Name | Last Trade | Change | Volume | Related Info |
|---|---|---|---|---|---|
| SCG.V | SELECTCORE LTD. | 0.46 | 0.05 (10.84%) | 4,398,617 | Chart, Profile, More |
| TSU.V | TRANSEURO ENERGY CORP. | 0.13 | 0.01 (4.17%) | 1,246,554 | Chart, Profile, More |
| GWG.V | GREAT WESTERN MINERALS GROUP LT | 0.77 | 0.02 (2.67%) | 1,239,736 | Chart, Profile, More |
| IB.V | IBC ADVANCED ALLOYS CORP. | 0.21 | 0.01 (2.38%) | 1,017,239 | Chart, Profile, More |
| EPO.V | ENCANTO POTASH CORP. | 0.24 | 0.01 (2.04%) | 848,700 | Chart, Profile, More |
| NML.V | NEW MILLENNIUM CAPITAL CORP. | 2.48 | 0.04 (1.64%) | 807,223 | Chart, Profile, More |
| INT.V | INTERTAINMENT MEDIA INC. | 1.36 | 0.02 (1.49%) | 732,127 | Chart, Profile, More |
| ISD.V | ISIGN MEDIA SOLUTIONS INC | 0.43 | 0.01 (1.16%) | 667,250 | Chart, Profile, More |
| OGR.V | ORO MINING LTD. | 0.32 | 0.04 (12.28%) | 614,673 | Chart, Profile, More |
| BYV.V | BAYFIELD VENTURES CORP. | 0.67 | 0.01 (1.47%) | 612,319 | Chart, Profile, More |
| HMX.V | HUNT MINING CORP. | 0.41 | 0.01 (2.50%) | 576,146 | Chart, Profile, More |
| CUU.V | COPPER FOX MINERALS INC. | 2.08 | 0.10 (5.05%) | 553,455 | Chart, Profile, More |
| TCF.V | CBM ASIA DEVELOPMENT CORP. | 0.29 | 0.04 (16.00%) | 474,553 | Chart, Profile, More |
| LA.V | LOS ANDES COPPER LIMITED | 0.32 | 0.03 (8.57%) | 465,500 | Chart, Profile, More |
| YEL.V | MACUSANI YELLOWCAKE INC. | 0.38 | 0.03 (8.57%) | 448,220 | Chart, Profile, More |
| BEL.V | Belvedere Resources Ltd. | 0.23 | 0.01 (2.17%) | 441,113 | Chart, Profile, More |
| PYN.V | POYNT CORPORATION | 0.17 | 0.01 (3.03%) | 400,700 | Chart, More |
| OK.V | ORKO SILVER CORP | 2.68 | 0.07 (2.68%) | 373,646 | Chart, Profile, More |
| APE.V | APOGEE SILVER LTD | 0.25 | 0.02 (6.52%) | 372,479 | Chart, Profile, More |
| WS.V | WILDCAT SILVER CORPORATION | 2.18 | 0.08 (3.81%) | 365,310 | Chart, Profile, More |
| ZEX.V | ZODIAC EXPLORATION INC. | 1.00 | 0.01 (0.99%) | 350,615 | Chart, More |
| ORT-A.V | ORBITE V.S.P.A. INC. (EXPLORATI | 4.13 | 0.25 (6.44%) | 344,235 | Chart, Profile, More |
| USA.V | U.S. SILVER CORPORATION | 0.57 | 0.02 (3.64%) | 342,008 | Chart, Profile, More |
| HMI.V | HINTERLAND METALS INC. | 0.21 | 0.02 (10.81%) | 337,321 | Chart, Profile, More |
| LGO.V | LARGO RESOURCES LTD. | 0.46 | 0.00 (0.00%) | 314,500 | Chart, Profile, More |
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