Did you know… Less than half of Canadians have a will?

STATISTICS ON WILLS

A January 23, 2018 Advisor.ca article (Half of Canadians don’t have a will: report) cites an Angus Reid Institute report which indicates 51% of Canadians have no will, and only 35% have one that is up to date. Quebec and British Columbia lead the provinces, with 58% and 54% of residents respectively having wills. Less than 50% of residents of all other provinces have wills. This report is also discussed in a January 23, 2018 CTV News article (Majority of Canadians don’t have a will: poll).

For further information see Video Tax News Monthly Tax Update Newsletter, Issue No. 443