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Why is the wealth gap between Quebec and Ontario residents widening? Look no further than the homes they’re living in

Author

Listed:
  • Raquel Fonseca
  • Simon Lord
  • Markus Poschke

Abstract

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. → Read the full report Sur le plan de la richesse, le Québec est à la traîne de son voisin ontarien, un phénomène qui s’est accentué au cours des 25 dernières années. Une étude CIRANO (Fonseca, Poschke et Lord, 2025) offre un portrait de la richesse de différents groupes socioéconomiques qui composent les sociétés québécoise et ontarienne à partir d’un examen détaillé de l’évolution de la richesse totale des ménages, et aussi des différentes composantes de la richesse totale. Les auteurs montrent que c’est le patrimoine immobilier qui serait le principal facteur expliquant les différences de richesse entre le Québec et l’Ontario. → Lire le rapport de projet complet

Suggested Citation

  • Raquel Fonseca & Simon Lord & Markus Poschke, 2025. "Why is the wealth gap between Quebec and Ontario residents widening? Look no further than the homes they’re living in," CIRANO Papers 2025pj-17, CIRANO.
    • Handle: RePEc:cir:circah:2025pj-17
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    File URL: https://cirano.qc.ca/files/publications/2025PJ-17.pdf
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