Hidden treasures: estimating intergenerational wealth transfers in rural Canada
Intergenerational wealth transfers hold potential benefits for community finance in regions facing financial/development challenges due to demographic and economic shifts. We construct a model for estimating wealth transfers based on available Canadian data, with emphasis on data for primary dwellin...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Regional Studies, Regional Science |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/21681376.2025.2476633 |
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| Summary: | Intergenerational wealth transfers hold potential benefits for community finance in regions facing financial/development challenges due to demographic and economic shifts. We construct a model for estimating wealth transfers based on available Canadian data, with emphasis on data for primary dwelling values. We apply our model across census divisions over 10-, 20-, and 50-year periods and analyse resulting patterns. Results show regional variation in estimated transfer sizes, with urban proximity as a key factor. Findings suggest roles for rural community initiatives (like community foundations) to locally embed wealth over time, particularly given the increasing global mobility of wealth and finance. |
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| ISSN: | 2168-1376 |