Category: Canada

How Many Rich People Are In Canada?

According to the Wealth-X Billionaire Census, Canada had 53 billionaires in 2021. This is a 4.5% increase from the previous year. What percentage of Canadians are rich? There are more than one million Canadians who have a net worth of at least one million dollars. This group represents 4.3% of the Canadian population. Of that […]

How Long Do Muslims Fast In Canada?

The number of daylight hours differs from country to country. This means Muslims living closer to the Arctic, where the sunlight can resist into midnight due to the summer solstice, can observe fasting for over 18 hours. Muslims in countries like Norway, Canada, and Greenland experience this a lot. How long is Ramadan fast in […]

Who Sold All Of Canada’S Gold?

The Bank of Canada is Canada’s central bank, comparable to the Federal Reserve in the United States. Starting in the early 2000s, the Bank of Canada sold its gold reserves. Who did Canada sell all its gold to? Since 2010 central banks have been net buyers of gold. In 2015 official purchases were 588 tonnes. […]

What Is The Wealth Gap In Canada?

The wealthiest households by quintile (top 20%) held more than two-thirds (67.1%) of all net worth in Canada, while the lowest two quintiles (bottom 40%) held 2.8%. What is the inequality gap between the richest and poorest in Canada? After taking into account taxes and transfers, the richest group had 9.1 times as much income […]

How Is Birthday Written In Canada?

The YYYY – MM – DD format is the only method of writing a numeric date in Canada that allows unambiguous interpretation, and the only officially recommended format. The presence of the DD / MM / YY (most of the world) and MM / DD / YY (American) formats often results in misinterpretation. What is […]

What Are The Top 3 Countries Canada Imports From?

Paste HTML to embed in website: Canada Imports By Country Value Year China $68.51B 2021 Mexico $26.71B 2021 Germany $15.14B 2021 Japan $12.32B 2021 What are the top 3 imports for Canada? Canada Imports – Top Categories Cars—$28 billion (USD) Car parts and accessories—$20 billion (USD) Trucks—$15 billion (USD) Crude oil—$14 billion (USD) Processed petroleum […]

Who Is Born In Canada?

In general a person is a Canadian citizen if: They were born in Canada. Note: A child born in Canada to an accredited foreign diplomat is not Canadian at birth unless the other parent is a Canadian citizen or permanent resident at the time of the child’s birth (3(2) of the Act). Who are three […]