Why is the wealth gap between Quebec and Ontario residents widening? Look no further than the homes they’re living in
Quebec lags behind its neighbor Ontario in terms of household wealth, a phenomenon that has become more pronounced over the past 25 years. A CIRANO study (Fonseca, Poschke and Lord, 2025) looked into the reasons for this. It analyzed how the different components of household wealth contributed to this trend. The authors point to real estate assets as the main factor explaining the differences in wealth between Quebec and Ontario
