1. The Myth Of Rich.
- Author
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Macklem, Katherine
- Subjects
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CANADIANS , *RICH people , *WEALTH , *INCOME , *REAL property , *ENTREPRENEURSHIP , *MILLIONAIRES , *SOCIAL classes , *UPPER class - Abstract
This is an article that focuses on the lives of rich Canadians and what it means to be rich in 2004.One of the most popular attractions at the Canadian National Exhibition in Toronto during the '60s and early '70s was a display of a million dollars in cold hard cash. Silver dollars and paper bills, all in mint condition, were assembled each summer into a new diorama: there was a Million Dollar Money Tree, a Million Dollar Merry-Go-Round, and, one year, the risque Million Dollar Bubble Bath, featuring svelte models who'd slowly strip behind a screen and appear to slip into a tub. The 36-year-old married father of two has been making money the hard way ever since his first job pumping gas at his father's Petro-Canada station. if it were, the ranks of millionaires would at least double, given today's real estate prices, says Keith Sjogren, a principal with Taddingstone Consulting Group Inc., which surveys Canada's wealthiest citizens. Traditionally, Canada's millionaires have made their money in one of two ways: by inheriting it or by making a good income and investing it well. Still, most Canadians in the very top bracket resist flaunting their wealth. Discretion, even downright frugality, tends to be admired.
- Published
- 2004