Author: Charles Michel

Canada’s wealthiest people saw their riches increase this year, despite the global recession, according to Canadian Business magazine. The magazine released its 11th annual ranking of Canada’s 100 wealthiest people today.

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Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these are the same people who insisted that the economy would continue growing last year, even while it was clear that we were already in the beginning stages of a recession.

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