Statistics Canada report shows that BC families had highest median net worth in 2012

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Vancouver: The median net worth of Canadian family units was $243,800 in 2012, up 44.5% from 2005 and almost 80% more than the 1999 median of $137,000, adjusted for inflation. British Columbia reported the highest median net worth of family units at $344,000, more than double the median of those living in Newfoundland and Labrador ($167,900) and Prince Edward Island ($150,300).

After British Columbia, family units living in Saskatchewan had the next highest median net worth at $271,400, followed closely by Alberta ($267,500) and Ontario ($265,700).Comparing 1999 with 2012, median net worth in British Columbia more than doubled rising from $150,700 in 1999 when the province ranked fourth nationally.