Wealth and its subcomponent distributions, dollar values and dollar value per household, by household characteristics such as income quintile, age, housing tenure and composition, Canada, annual 2010 to 2019 and quarterly starting 2020.

All household types in Canada received a higher income after-tax in 2021 than they received in 2019, except for elderly people not in an economic family. This increase was partially due to the higher level of government transfers in 2020.

This table contains 58320 series, with data for years 1999 - 2016 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (20 items: Canada; Atlantic; Newfoundland and Labrador; Prince Edward Island; ...); Assets and debts (27 items: Total assets; Private pension assets; Registered Retirement Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs), Locked-in Retirement Accounts (LIRAs) and other; Employer-sponsored Registered Pension Plans (EPPs); ...); Net worth quintiles (6 items: Total, all net worth quintiles; Lowest net worth quintile; Second net worth quintile; Middle net worth quintile; ...); Statistics (6 items: Total values; Percentage of total assets or total debts; Number holding asset or debt; Percentage holding asset or debt; ...); Confidence intervals (3 items: Estimate; Lower bound of a 95% confidence interval; Upper bound of a 95% confidence interval).

Canada CA: Households: Net Worth data was reported at 13,609,027.000 CAD mn in 2020. This records an increase from the previous number of 12,282,617.000 CAD mn for 2019. Canada CA: Households: Net Worth data is updated yearly, averaging 8,238,787.500 CAD mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 13,609,027.000 CAD mn in 2020 and a record low of 5,168,570.000 CAD mn in 2005. Canada CA: Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Annual.

Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2024. That segment saved on average nearly ****** Canadian dollars that year alone. Households of individuals older than 64 had negative net savings amounting to ****** Canadian dollars, which means that their expenses were higher than their revenue. These figures do not show the overall value of savings accumulated in bank accounts and other assets, but the amount of money that households managed to save in a single year.

Composition of assets (including Employer Pension Plans valued on a termination basis) and debts held by all family units, by net worth deciles, Canada and geographical regions of Canada.

This statistic depicts the median annual family income in Canada from 2000 to 2023. In 2023, the median annual family income in Canada was 105,370 Canadian dollars.

The average value of net savings per household in Canada increased by *** dollars (+**** percent) since the previous year. In total, the average value amounted to ***** dollars in 2023. This increase was preceded by a declining average value.

During the year 2020, household average net savings in Canada peaked in the second quarter for each income group. Compared to the other groups, households ranked in the highest income quintile displayed considerably higher average net savings during the coronavirus (COVID-19) pandemic. As of the second quarter of 2020, households belonging to this income group reported on average net savings for ****** Canadian dollars.

Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.

Assets and debts held by family units, median amounts, by net worth quintile

Income quintiles are assigned based on equivalized household disposable income, which takes into account differences in household size and composition using a method proposed by the Organization for Economic Co-operation and Development (OECD). The OECD-modified" equivalence scale assigns a value of 1 to the first adult Age groups refer to the age group of the major income earner. This refers to the main source of income for the household, that is, wages and salaries, self-employment income, net property income, current transfers received related to pension benefits, or other current transfers received from non-pension related sources.
Self-employment income refers to mixed income related to non-farm and farm businesses. Household rental income is not included. Revenues from Current transfers received - pension benefits relate to current transfers received from corporations for employer's pension plans and current transfers received from government for the Canada and Québec pension plans (CPP/QPP) and the Old Age Security program including the Guaranteed Income Supplement (OAS/GIS). Revenues from Current transfers received - others, relate to all other current transfers received not included in Current transfers received - pensions benefits, that is, it includes current transfers from the government sector except for the Canada and Québec pension plans (CPP/QPP) and from the Old Age Security Program (OAS) and the Guaranteed Income Supplement (GIS). It also includes current transfers from Non-profit institutions serving households (NPISH) and from the non-residents sector. Owner/Renter refers to the housing tenure of a household. Households that have subsidized rents (partially or fully) are included under Renter. Distributions by generation are defined as follows and are based on the birth year of the major income earner : pre-1946 for those born before 1946, baby boom for those born between 1946 and 1964, generation X for those born between 1965 and 1980 and millennials for those born after 1980. Note that generation Z has been combined with the millennial generation as their sample size is relatively small. Distribution of value" is the share of a component of income Value per consumption unit reflects the Statistics value" divided by the number of consumption units

Average and median market, total and after-tax income of individuals by visible minority group, Indigenous group and immigration status, Canada and provinces.

This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Statistics (4 items: Value; Distribution of value; Value per household; Value per consumption unit); Characteristics (21 items: All households; Lowest income quintile; Second income quintile; Third income quintile; ...); Income, consumption and savings (23 items: Household disposable income; Compensation of employees; Net mixed income; Property income received; ...).

This statistic shows the total median income of senior citizens in Canada from 2000 to 2020, distinguished by age group. In 2020, the total median income of Canadian senior citizens aged 65 years and over amounted to 32,020 Canadian dollars.

The household incomes chart shows how many household fall in each of the income brackets specified by Statistics Canada.

This table contains 280 series, with data for years 1997 - 2009 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Canada; Newfoundland and Labrador; Prince Edward Island; Nova Scotia; ...); Household spending, personal taxes (5 items: Personal taxes (net of refunds); Income tax on reference year income; Income tax on income received before reference year; Other personal taxes (for example, gift tax); ...); Statistics (4 items: Average expenditure; Percent of households reporting; Estimated number of households reporting; Median expenditure per household reporting).

In 2023, 25.5 percent of the Canadian population had an annual income of 100,000 Canadian dollars or more. Moreover, some 19 percent had an annual income between 60,000 and 79,999 Canadian dollars, representing the second-largest group.

This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are geography-specific; for example, the number of Nova Scotians in the top 1% will be calculated as the number of taxfiling Nova Scotians whose total income exceeded the 99% income threshold of Nova Scotian tax filers. Different definitions of income are available in the table namely market, total, and after-tax income, both with and without capital gains.

Per capita disposable income in Canada represents the average amount of money available to Canadian individuals after taxes and mandatory deductions, measured in constant Canadian dollars adjusted for inflation. This metric reflects real purchasing power and living standards by accounting for price level changes over time, capturing both earned income and government transfer payments net of personal income taxes. Data is sourced from Statistics Canada and represents real disposable income in chained 2017 Canadian dollars.