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<\/source><\/source><\/source><\/source><\/source><\/picture>In Canada by 2028, women will control $4 trillion in assets, nearly double what they control now, according to a report by RBC Wealth Management.<\/span> Photo by Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n\nArticle content<\/h2>\nThey call it the great horizontal wealth transfer.<\/p>\n
A huge stockpile of wealth held by baby boomers \u2014 likely the largest and richest generation since the Second World War \u2014 will be passed on in the fairly near future.<\/p>\n
And a big chunk of it will go to women, representing a seismic shift in wealth ownership.<\/p>\n
The latest UBS Global Wealth Report estimates US$83 trillion will be passed on over the next 20 to 25 years, with much of it transferred within the next decade.<\/p>\n<\/section>\n
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