Message From The Editor
New year - new expectations
For many years, we have been hearing that the rich are getting richer with North America leading the way globally, and that includes Canadians, according to an article in the Financial Post online last June. The story says that globally, the wealth of high-net-worth individuals grew 4.7 per cent in 2023 to reach $86.8 trillion and their numbers grew 5.1 per cent to almost 23 million, according to consulting firm Capgemini’s 28th annual World Wealth Report. We have not seen comparable data for 2024 yet, but we suspect that those numbers will rise even more. It was a very good year for the wealthy in 2024.
But will that wave of prosperity benefit the boat business in Canada in 2025 and 2026?
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