There are many business people who live in Canada that have made great fortunes over the year, and it is with that in mind we have put together the following guide that is going to be introducing you to Canada’s riches businessmen and businesswomen.
The richest business man in Canada is David Thomson, 3rd Baron Thomson of Fleet and family he has a personal wealth of $30.74 billion and his company that he is best known for is the Thomson Reuters, Woodbridge Co. Ltd, Osmington Incorporated.
The second richest business man in Canada is Galen Weston he has a personal wealth of $11.38 billion and his companies that he is best known for are George Weston Ltd., Associated British Foods, Loblaw Cos. Ltd and Holt Renfrew.
The Third richest business man in Canada is Arthur Irving he has a personal wealth of $8.23 billion and his companies that he is best known for are the Irving Oil Ltd. and J.D. Irving Ltd.
The fourth richest business man in Canada is Jim Pattison he has a personal wealth of $7.88 billion and his company that he is best known for is the Jim Pattison Group.
The fifth richest business man in Canada is Edward Rogers III and family he has a personal wealth of $7.40 billion and his company that he is best known for is Rogers Communications.
The sixth richest business man in Canada is Lino Saputo and family he has a personal wealth of $6.24 billion and his companies that he is best known for are the Saputo Inc. and TransForce.
One thing you may be wondering if whether there are any business grants and loans available to anyone who wants to open up a new business in Canada, well the quick and easy answer to that question is yes here are however you will always have competition when applying for such grants and loans so you will need a good business plan for your business to stand out.
There is no one type of business or industry that is destined to do better than any other in Canada, and it is always going to be the case that the well thought out and well planned new businesses do stand a much greater chance of being successful so always keep that in mind!
Frequently Asked Questions
It is often hard worked mixed in with a little bit of luck that has made Canada’s richest business men and women as successful as they are however there are some high taxation rates in Canada and as such over the years a number of those richest men and women have left the country for that reason!
The following section of this guide will be answering a few more specific questions about rich people living in Canada, and as such if that is something that is of interest to you then please do read on fir you are bound to find this final section of this guide interesting and quite informative too.
Can I Open a Business Anywhere in Canada?
You are of course going to be able to open a business anywhere in Canada however there can be some specialist employees to be found in smaller towns or cities. As such you will be much better off looking at places that have a much lower population, and with that in mind a few places that are worth considering include North Vancouver, Welland, North Bay, Belleville and of course Mirabel as each of them have very a low number of people living there.
Can I Learn More About Canadian Traditions?
There are lots of additional guides and articles that we just know you are going to find very interesting dotted around our website, and one that may just be of interest to you is our Most Common Boys and Girls Names in Canada article which we invite you to read through.
We also have lots of videos that you are invited to watch as you look round our website that will give you plenty of additional information if you do intend to pay a visit to Canada or simply want to know more about what Canada has to offer you so do please take a good look around.
Which Hotels do the Richest People in Canada Stay at?
There are plenty of very high class hotels in Canada and it is always going to be at the hotels with the highest rating that they will choose to book and stay at. One of the very best rated hotels that you may be interested in visiting and staying in is the Ritz-Carlton in Montréal, however keep in mind that due to its very high rating the room rates will be much higher than if you choose to stay at a lower rated hotel in this city.
Is There a Canadian Rich List Published Each Year?
If you do want to discover just who are the richest people in Canada what you may be best advised doing is looking at the annual rich list of people who have currently accumulated the greatest wealth in Canada. That publication is compiled each year and will often name the top 100 people from all walks of life who currently have the most money in Canada as a whole, and it does make interesting reading by the way!