Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2023. That segment saved on average nearly ****** Canadian dollars that year alone. Households of individuals older than ** 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.
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Data on new recipients of CPP Retirement benefits by gender, age or age group and the year when these new benefit recipients came into pay from 1987 to 2023.
Individuals with a Registered Retirement Savings Plan (RRSP); Tax filers with RRSP contributions by sex, age and income groups (preliminary T1 Family File; T1FF).
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This statistical table illustrates the average annual pension amount paid to men and women, as well as their average age and their average years of pensionable service. The ‘Pensions’ column includes immediate annuities, disability retirement benefits, and annual allowances payable to former contributors. The table also illustrates the average annual amount of survivor pensions paid to spouse/common-law partners, children and students, their average age and their average years of pensionable service. All amounts include indexation.
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).
The average growth rate for the ** largest pension markets worldwide was estimated to be **** percent between 2022 and 2023, and the ten-year compound annual growth rate until 2023 was estimated to be 3.8 percent. Retirement savings in pension funds grew during the last decade and the amount of worldwide pension assets reached new heights in 2021, which can be partially explained by a higher share of working-age population investing in pension plans. Which is the largest pension market? The largest pension market worldwide is the United States, where the total pension fund assets was almost ** times larger than in the United Kingdom, which is the second largest pension market worldwide. Despite some fluctuations during the last decade, the U.S. pension assets grew overall, and as with the worldwide pension assets, reached the highest value in 2020. Pension assets to GDP Despite its relatively small population size, the Netherlands was the fourth largest pension market worldwide, after the United States, United Kingdom, and Canada. The pension market in Netherlands was also the largest market worldwide when compared to the size of its own economy, followed by Canada, Australia, and Spain.
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CPP and OAS Annual Statistics Tables contain historical data on CPP and OAS, average monthly benefits and net payments in fiscal years. For a more detailed report on CPP and OAS Annual Statistics Tables, see THE ANNUAL CPP & OAS STATS BOOK 2024 to the following web site: https://publications.gc.ca/site/eng/9.858997/publication.html
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This statistical table illustrates the number of unreduced pensions (i.e. immediate annuities - excluding those resulting from disability retirement) by age at retirement, the average age of retirement and the average dollar amount of the unreduced pension. The data illustrated for ‘Pensions at Age 50-54 at Retirement’ include only eligible Correctional Service Canada operational employees who qualify for an unreduced pension. The data illustrated for ‘Pensions at Age 60 at Retirement’ exclude deferred annuities that became payable at age 60.
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This statistical table illustrates the average annual pension amount paid to men and women, as well as their average age and their average years of pensionable service. The ‘Pensions’ column includes immediate annuities, disability retirement benefits, and annual allowances payable to former contributors. The table also illustrates the average annual amount of survivor pensions paid to spouse/common-law partners, children and students, their average age and their average years of pensionable service. All amounts include indexation.
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The Canada Pension Plan (CPP) disability benefit is a monthly payment made to eligible CPP contributors who are unable to work regularly at any job because of a severe and prolonged disability. This dataset provides information on the average monthly amount paid to CPP disability beneficiaries during a calendar year, from 2010 to 2024. Data are disaggregated by province and gender. Payments made under international agreements on social security are not included.
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The Canada Pension Plan (CPP) disability benefit is a monthly payment made to eligible CPP contributors who are unable to work regularly at any job because of a severe and prolonged disability. This dataset provides information on the average monthly amount paid to new CPP disability beneficiaries during a calendar year, from 2010 to 2024. Data are disaggregated by age group and gender. Payments made under international agreements on social security are not included.
Data quality: Hamilton, City (C) Total non-response (TNR) rate, short-form census questionnaire: 2.5% Total non-response (TNR) rate, long-form census questionnaire: 3.5%Notes: 21: Total income - The sum of certain incomes (in cash and in some circumstances in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: *statistical units of social statistical programs such as persons private households census families and economic families; *statistical units of business statistical programs such as enterprises companies establishments and locations; *statistical units of farm statistical programs such as farm operator and farm family. In the context of persons total income refers to receipts from certain sources before income taxes and deductions during a specified reference period. In the context of census families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of economic families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of households total income refers to receipts from certain sources of all household members before income taxes and deductions during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: *employment income from wages salaries tips commissions and net income from self-employment (for both unincorporated farm and non-farm activities); *income from investment sources such as dividends and interest on bonds accounts guaranteed investment certificates (GICs) and mutual funds; *income from employer and personal pension sources such as private pensions and payments from annuities and registered retirement income funds (RRIFs); *other regular cash income such as child support payments received spousal support payments (alimony) received and scholarships; *income from government sources such as social assistance child benefits Employment Insurance benefits Old Age Security benefits COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: *one-time receipts such as lottery winnings gambling winnings cash inheritances lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; *capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; *employers' contributions to registered pension plans Canada Pension Plan Québec Pension Plan and Employment Insurance; *voluntary inter-household transfers imputed rent goods and services produced for barter and goods produced for own consumption. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 22: After-tax income - After-tax income refers to total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes provincial and territorial income taxes less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 23, 24: Total income - The sum of certain incomes (in cash and in some circumstances in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: *statistical units of social statistical programs such as persons private households census families and economic families *statistical units of business statistical programs such as enterprises companies establishments and locations; *statistical units of farm statistical programs such as farm operator and farm family. In the context of persons total income refers to receipts from certain sources before income taxes and deductions during a specified reference period.In the context of census families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of economic families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of households total income refers to receipts from certain sources of all household members before income taxes and deductions during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: *employment income from wages salaries tips commissions and net income from self-employment (for both unincorporated farm and non-farm activities); *income from investment sources such as dividends and interest on bonds accounts guaranteed investment certificates (GICs) and mutual funds; *income from employer and personal pension sources such as private pensions and payments from annuities and registered retirement income funds (RRIFs); *other regular cash income such as child support payments received spousal support payments (alimony) received and scholarships; *income from government sources such as social assistance child benefits Employment Insurance benefits Old Age Security benefits Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: *one-time receipts such as lottery winnings gambling winnings cash inheritances lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; *capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; *employers' contributions to registered pension plans Canada Pension Plan Québec Pension Plan and Employment Insurance; *voluntary inter-household transfers imputed rent goods and services produced for barter and goods produced for own consumption. After-tax income - Total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes provincial and territorial income taxes less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands. Market income - The sum of employment income (wages salaries and commissions net self-employment income from farm or non-farm unincorporated business and/or professional practice) investment income private retirement income (retirement pensions superannuation and annuities including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes. Government transfers - All cash benefits received from federal provincial territorial or municipal governments during the reference period. It includes: *Old Age Security pension Guaranteed Income Supplement Allowance or Allowance for the Survivor; *retirement disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; *benefits from Employment Insurance and Québec parental insurance plan; *child benefits from federal and provincial programs; *social assistance benefits;- workers' compensation benefits; *Canada workers benefit (CWB); *Goods and services tax credit and harmonized sales tax credit; *other income from government sources. Employment income - All income received as wages salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period.Employment Insurance (EI) benefits - All Employment Insurance (EI) benefits received during the reference period before income tax deductions. It includes benefits for unemployment sickness maternity paternity adoption compassionate care work sharing retraining and benefits to self-employed fishers received under the federal EI Program or the Québec parental insurance plan. The reference period for these variables is calendar year 2019. These variables are intended for comparison with their 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars. Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes of individuals are calculated for those with income (positive or negative). Median income - The median income of a specified group is the amount that divides the income distribution of that group into two halves i.e. the incomes of half of the units in that group are below the median while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative). 25: Employment income - All income received as wages salaries and
Footnotes:1Gender refers to an individual's personal and social identity as a man, woman or non-binary person (a person who is not exclusively a man or a woman). Gender includes the following concepts: gender identity, which refers to the gender that a person feels internally and individually; gender expression, which refers to the way a person presents their gender, regardless of their gender identity, through body language, aesthetic choices or accessories (e.g., clothes, hairstyle and makeup), which may have traditionally been associated with a specific gender. A person's gender may differ from their sex at birth, and from what is indicated on their current identification or legal documents such as their birth certificate, passport or driver's licence. A person's gender may change over time. Some people may not identify with a specific gender.2Given that the non-binary population is small, data aggregation to a two-category gender variable is sometimes necessary to protect the confidentiality of responses provided. In these cases, individuals in the category “non-binary persons” are distributed into the other two gender categories and are denoted by the “+” symbol.3Age' refers to the age of a person (or subject) of interest at last birthday (or relative to a specified, well-defined reference date).4This category includes women and girls, as well as some non-binary persons.5The median income of a specified group is the amount that divides the income distribution of that group into two halves, i.e., the incomes of half of the units in that group are below the median, while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative).6Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes are calculated for those with income (positive or negative).7Total income refers to the sum of certain incomes (in cash and, in some circumstances, in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: – Statistical units of social statistical programs such as persons, private households, census families and economic families; – Statistical units of business statistical programs such as enterprises, companies, establishments and locations; and – Statistical units of farm statistical programs such as farm operator and farm family. In the context of persons, total income refers to receipts from certain sources, before income taxes and deductions, during a specified reference period. In the context of census families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of economic families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of households, total income refers to receipts from certain sources of all household members, before income taxes and deductions, during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: * employment income from wages, salaries, tips, commissions and net income from self-employment (for both unincorporated farm and non-farm activities); * income from investment sources, such as dividends and interest on bonds, accounts, guaranteed investment certificates (GICs) and mutual funds; * income from employer and personal pension sources, such as private pensions and payments from annuities and registered retirement income funds (RRIFs); * other regular cash income, such as child support payments received, spousal support payments (alimony) received and scholarships; * income from government sources, such as social assistance, child benefits, Employment Insurance benefits, Old Age Security benefits, COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: * one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; * capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; * employers' contributions to registered pension plans, Canada Pension Plan, Québec Pension Plan and Employment Insurance; * voluntary inter-household transfers, imputed rent, goods and services produced for barter and goods produced for own consumption.8The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.9The sum of employment income (wages, salaries and commissions, net self-employment income from farm or non-farm unincorporated business and/or professional practice), investment income, private retirement income (retirement pensions, superannuation and annuities, including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes.10The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.11All income received as wages, salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period.12The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.13Gross wages and salaries before deductions for such items as income taxes, pension plan contributions and employment insurance premiums during the reference period. While other employee remuneration such as security options benefits, board and lodging and other taxable allowances and benefits are included in this source, employer's contributions to pension plans and employment insurance plans are excluded. Other receipts included in this source are military pay and allowances, tips, commissions and cash bonuses associated with paid employment, benefits from wage-loss replacement plans or income-maintenance insurance plans, supplementary unemployment benefits from an employer or union, research grants, royalties from a work or invention with no associated expenses and all types of casual earnings during the reference period.14The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.15Net income (gross receipts minus cost of operation and capital cost allowance) received during the reference period from self-employment activities, either on own account or in partnership. In the case of partnerships, only the person's share of income is included. Net partnership income of a limited or non-active partner is excluded. It includes farming income, fishing income and income from unincorporated business or professional practice. Commission income for a self-employed commission salesperson and royalties from a work or invention with expenses associated are also included in this source.16The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.17All cash benefits received from federal, provincial, territorial or municipal governments during the reference period. It includes: * Old Age Security pension, Guaranteed Income Supplement, Allowance or Allowance for the Survivor; * retirement, disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; * benefits from Employment Insurance and Québec parental insurance plan; * child benefits from federal and provincial programs; * social assistance benefits; * workers' compensation benefits; * Canada workers benefit (CWB); * Goods and services tax credit and harmonized sales tax credit; * other income from government sources. For the 2021 Census, this includes various benefits from new and existing federal, provincial and territorial government income programs intended to provide financial support to individuals affected by the COVID-19 pandemic and the public health measures implemented to minimize the spread of the virus.18The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.19Refers to the sum of payments received from COVID-19 - Emergency and recovery benefits and Employment Insurance (EI) benefits.20The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars. In 2019, earning replacement benefits is equal to Employment Insurance (EI) benefits.21All Employment Insurance (EI) benefits received during the reference period, before income tax deductions. It includes benefits for unemployment, sickness, maternity, paternity, adoption, compassionate
Notes Continued: 11: Total income - The sum of certain incomes (in cash and in some circumstances in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: *statistical units of social statistical programs such as persons private households census families and economic families; *statistical units of business statistical programs such as enterprises companies establishments and locations; *statistical units of farm statistical programs such as farm operator and farm family. In the context of persons total income refers to receipts from certain sources before income taxes and deductions during a specified reference period. In the context of census families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of economic families total income refers to receipts from certain sources of all of its family members before income taxes and deductions during a specified reference period. In the context of households total income refers to receipts from certain sources of all household members before income taxes and deductions during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: *employment income from wages salaries tips commissions and net income from self-employment (for both unincorporated farm and non-farm activities); *income from investment sources such as dividends and interest on bonds accounts guaranteed investment certificates (GICs) and mutual funds; *income from employer and personal pension sources such as private pensions and payments from annuities and registered retirement income funds (RRIFs); *other regular cash income such as child support payments received spousal support payments (alimony) received and scholarships; * income from government sources such as social assistance child benefits Employment Insurance benefits Old Age Security benefits COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: *one-time receipts such as lottery winnings gambling winnings cash inheritances lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; *capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; *employers' contributions to registered pension plans Canada Pension Plan Québec Pension Plan and Employment Insurance; *voluntary inter-household transfers imputed rent goods and services produced for barter and goods produced for own consumption. After-tax income - Total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes provincial and territorial income taxes less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands. Market income - The sum of employment income (wages salaries and commissions net self-employment income from farm or non-farm unincorporated business and/or professional practice) investment income private retirement income (retirement pensions superannuation and annuities including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes. Government transfers - All cash benefits received from federal provincial territorial or municipal governments during the reference period. It includes: *Old Age Security pension Guaranteed Income Supplement Allowance or Allowance for the Survivor; *retirement disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; *benefits from Employment Insurance and Québec parental insurance plan; *child benefits from federal and provincial programs; *social assistance benefits; *workers' compensation benefits; *Canada workers benefit (CWB); *Goods and services tax credit and harmonized sales tax credit; *other income from government sources. For the 2021 Census this includes various benefits from new and existing federal provincial and territorial government income programs intended to provide financial support to individuals affected by the COVID-19 pandemic and the public health measures implemented to minimize the spread of the virus. Employment income - All income received as wages salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes of individuals are calculated for those with income (positive or negative). 12: Employment income - All income received as wages salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 13: Full-year full-time workers - Persons aged 15 years and over who worked mostly full time (30 hours or more per week) and full year (49 weeks and over per year) in 2020. For more information see variable work activity in 2020 Dictionary Census of Population 2021. 14: Median income - The median income of a specified group is the amount that divides the income distribution of that group into two halves i.e. the incomes of half of the units in that group are below the median while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative). 15: Average income - Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes of individuals are calculated for those with income (positive or negative). 16: Part year or part time workers - Persons aged 15 years and over who worked mostly part time (less than 30 hours per week) or 48 weeks or less during 2020. For more information see variable work activity in 2020 Dictionary Census of Population 2021. 17: Composition of total income - The composition of the total income of a population group or a geographic area refers to the relative share of each income source or group of sources expressed as a percentage of the aggregate total income of that group or area. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 18: Market income - The sum of employment income (wages salaries and commissions net self-employment income from farm or non-farm unincorporated business and/or professional practice) investment income private retirement income (retirement pensions superannuation and annuities including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 19: Employment income - All income received as wages salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 20: Government transfers - All cash benefits received from federal provincial territorial or municipal governments during the reference period. It includes: *Old Age Security pension Guaranteed Income Supplement Allowance or Allowance for the Survivor; *retirement disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; *benefits from Employment Insurance and Québec parental insurance plan; *child benefits from federal and provincial programs; *social assistance benefits; *workers' compensation benefits; *Canada workers benefit (CWB); *Goods and services tax credit and harmonized sales tax credit; *other income from government sources. For the 2021 Census this includes various benefits from new and existing federal provincial and territorial government income programs intended to provide financial support to individuals affected by the COVID-19 pandemic and the public health measures implemented to minimize the spread of the virus. For the 2021 Census the reference period for income data is the calendar year 2020 unless otherwise specified. 21: Total income -
Footnotes:1Gender refers to an individual's personal and social identity as a man, woman or non-binary person (a person who is not exclusively a man or a woman). Gender includes the following concepts: gender identity, which refers to the gender that a person feels internally and individually; gender expression, which refers to the way a person presents their gender, regardless of their gender identity, through body language, aesthetic choices or accessories (e.g., clothes, hairstyle and makeup), which may have traditionally been associated with a specific gender. A person's gender may differ from their sex at birth, and from what is indicated on their current identification or legal documents such as their birth certificate, passport or driver's licence. A person's gender may change over time. Some people may not identify with a specific gender.2Given that the non-binary population is small, data aggregation to a two-category gender variable is sometimes necessary to protect the confidentiality of responses provided. In these cases, individuals in the category “non-binary persons” are distributed into the other two gender categories and are denoted by the “+” symbol.3Age' refers to the age of a person (or subject) of interest at last birthday (or relative to a specified, well-defined reference date).4The median income of a specified group is the amount that divides the income distribution of that group into two halves, i.e., the incomes of half of the units in that group are below the median, while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative).5Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes are calculated for those with income (positive or negative).6Total income refers to the sum of certain incomes (in cash and, in some circumstances, in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: – Statistical units of social statistical programs such as persons, private households, census families and economic families; – Statistical units of business statistical programs such as enterprises, companies, establishments and locations; and – Statistical units of farm statistical programs such as farm operator and farm family. In the context of persons, total income refers to receipts from certain sources, before income taxes and deductions, during a specified reference period. In the context of census families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of economic families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of households, total income refers to receipts from certain sources of all household members, before income taxes and deductions, during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: * employment income from wages, salaries, tips, commissions and net income from self-employment (for both unincorporated farm and non-farm activities); * income from investment sources, such as dividends and interest on bonds, accounts, guaranteed investment certificates (GICs) and mutual funds; * income from employer and personal pension sources, such as private pensions and payments from annuities and registered retirement income funds (RRIFs); * other regular cash income, such as child support payments received, spousal support payments (alimony) received and scholarships; * income from government sources, such as social assistance, child benefits, Employment Insurance benefits, Old Age Security benefits, COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: * one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; * capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; * employers' contributions to registered pension plans, Canada Pension Plan, Québec Pension Plan and Employment Insurance; * voluntary inter-household transfers, imputed rent, goods and services produced for barter and goods produced for own consumption.7The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.8The sum of employment income (wages, salaries and commissions, net self-employment income from farm or non-farm unincorporated business and/or professional practice), investment income, private retirement income (retirement pensions, superannuation and annuities, including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes.9The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.10All income received as wages, salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period.11The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.12Gross wages and salaries before deductions for such items as income taxes, pension plan contributions and employment insurance premiums during the reference period. While other employee remuneration such as security options benefits, board and lodging and other taxable allowances and benefits are included in this source, employer's contributions to pension plans and employment insurance plans are excluded. Other receipts included in this source are military pay and allowances, tips, commissions and cash bonuses associated with paid employment, benefits from wage-loss replacement plans or income-maintenance insurance plans, supplementary unemployment benefits from an employer or union, research grants, royalties from a work or invention with no associated expenses and all types of casual earnings during the reference period.13The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.14Net income (gross receipts minus cost of operation and capital cost allowance) received during the reference period from self-employment activities, either on own account or in partnership. In the case of partnerships, only the person's share of income is included. Net partnership income of a limited or non-active partner is excluded. It includes farming income, fishing income and income from unincorporated business or professional practice. Commission income for a self-employed commission salesperson and royalties from a work or invention with expenses associated are also included in this source.15The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.16All cash benefits received from federal, provincial, territorial or municipal governments during the reference period. It includes: * Old Age Security pension, Guaranteed Income Supplement, Allowance or Allowance for the Survivor; * retirement, disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; * benefits from Employment Insurance and Québec parental insurance plan; * child benefits from federal and provincial programs; * social assistance benefits; * workers' compensation benefits; * Canada workers benefit (CWB); * Goods and services tax credit and harmonized sales tax credit; * other income from government sources. For the 2021 Census, this includes various benefits from new and existing federal, provincial and territorial government income programs intended to provide financial support to individuals affected by the COVID-19 pandemic and the public health measures implemented to minimize the spread of the virus.17The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.18Refers to the sum of payments received from COVID-19 - Emergency and recovery benefits and Employment Insurance (EI) benefits.19The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars. In 2019, earning replacement benefits is equal to Employment Insurance (EI) benefits.20All Employment Insurance (EI) benefits received during the reference period, before income tax deductions. It includes benefits for unemployment, sickness, maternity, paternity, adoption, compassionate care, work sharing, retraining, and benefits to self-employed fishers
Footnotes:1The boundaries and names of census geographies can change from one census to the next. In order to facilitate data comparisons between censuses, previous census data have been adjusted to reflect as closely as possible the 2021 boundaries of these areas. The methodology used for this adjustment involved spatially linking blocks of previous censuses (concordance to the 1996 Census used the 1996 enumeration areas to the 2021 boundaries). A previous census block was linked to the 2021 area within which its representative point fell. A limited number of interactive linkages were completed to further enhance the adjustment in certain areas. For some census geographies, it was not possible to reflect the 2021 boundaries. The 2021 boundaries may not be reflected as there was no previous census block to assign to the 2021 area. As well previous census data for some 2021 areas may not be available due to the fact that the concordance did not produce an accurate representation of the 2021 area.2Age 'Age' refers to the age of a person (or subject) of interest at last birthday (or relative to a specified, well-defined reference date).3Gender Gender refers to an individual's personal and social identity as a man, woman or non-binary person (a person who is not exclusively a man or a woman). Gender includes the following concepts: gender identity, which refers to the gender that a person feels internally and individually; gender expression, which refers to the way a person presents their gender, regardless of their gender identity, through body language, aesthetic choices or accessories (e.g., clothes, hairstyle and makeup), which may have traditionally been associated with a specific gender. A person's gender may differ from their sex at birth, and from what is indicated on their current identification or legal documents such as their birth certificate, passport or driver's licence. A person's gender may change over time. Some people may not identify with a specific gender. Sex 'Sex' refers to whether the person is male or female.4Given that the non-binary population is small, data aggregation to a two-category gender variable is sometimes necessary to protect the confidentiality of responses provided. In these cases, individuals in the category “non-binary persons” are distributed into the other two gender categories and are denoted by the “+” symbol. The sex variable in census years prior to 2021 and the two-category gender variable in the 2021 Census are included together in the [data table]. Although sex and gender refer to two different concepts, the introduction of gender is not expected to have a significant impact on data analysis and historical comparability, given the small size of the transgender and non-binary populations. For additional information on changes of concepts over time, please consult the Age, Sex at Birth and Gender Reference Guide. ¿5The median income of a specified group is the amount that divides the income distribution of that group into two halves, i.e., the incomes of half of the units in that group are below the median, while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative).6Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes are calculated for those with income (positive or negative).7The median income of a specified group is the amount that divides the income distribution of that group into two halves, i.e., the incomes of half of the units in that group are below the median, while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative).8Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes are calculated for those with income (positive or negative).9Total income refers to the sum of certain incomes (in cash and, in some circumstances, in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: – Statistical units of social statistical programs such as persons, private households, census families and economic families; – Statistical units of business statistical programs such as enterprises, companies, establishments and locations; and – Statistical units of farm statistical programs such as farm operator and farm family. In the context of persons, total income refers to receipts from certain sources, before income taxes and deductions, during a specified reference period. In the context of census families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of economic families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of households, total income refers to receipts from certain sources of all household members, before income taxes and deductions, during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: * employment income from wages, salaries, tips, commissions and net income from self-employment (for both unincorporated farm and non-farm activities); * income from investment sources, such as dividends and interest on bonds, accounts, guaranteed investment certificates (GICs) and mutual funds; * income from employer and personal pension sources, such as private pensions and payments from annuities and registered retirement income funds (RRIFs); * other regular cash income, such as child support payments received, spousal support payments (alimony) received and scholarships; * income from government sources, such as social assistance, child benefits, Employment Insurance benefits, Old Age Security benefits, COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: * one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; * capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; * employers' contributions to registered pension plans, Canada Pension Plan, Québec Pension Plan and Employment Insurance; * voluntary inter-household transfers, imputed rent, goods and services produced for barter and goods produced for own consumption.10The sum of employment income (wages, salaries and commissions, net self-employment income from farm or non-farm unincorporated business and/or professional practice), investment income, private retirement income (retirement pensions, superannuation and annuities, including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes.11All income received as wages, salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period.12Gross wages and salaries before deductions for such items as income taxes, pension plan contributions and employment insurance premiums during the reference period. While other employee remuneration such as security options benefits, board and lodging and other taxable allowances and benefits are included in this source, employer's contributions to pension plans and employment insurance plans are excluded. Other receipts included in this source are military pay and allowances, tips, commissions and cash bonuses associated with paid employment, benefits from wage-loss replacement plans or income-maintenance insurance plans, supplementary unemployment benefits from an employer or union, research grants, royalties from a work or invention with no associated expenses and all types of casual earnings during the reference period.13Net income (gross receipts minus cost of operation and capital cost allowance) received during the reference period from self-employment activities, either on own account or in partnership. In the case of partnerships, only the person's share of income is included. Net partnership income of a limited or non-active partner is excluded. It includes farming income, fishing income and income from unincorporated business or professional practice. Commission income for a self-employed commission salesperson and royalties from a work or invention with expenses associated are also included in this source.14Income received during the reference period in the form of interest from deposits in banks, trust companies, co-operatives, credit unions and caisses populaires, interests on savings certificates, bonds and debentures, dividends from both Canadian and foreign stocks, net rental income from real estate, mortgage and loan interest received, regular income from an estate or trust fund, interest from insurance policies and net partnership income for a limited or non-active partner. This variable does not include net capital gains or losses as they are not part of the standard income definition.15All regular income received during the reference period associated with employer or personal retirement pensions, benefits or savings plans. It includes payments received from all annuities, including payments from employers'
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This statistical table illustrates the number of pensions that became payable to survivors, including spouses/common-law partners, children and students. The statistical table also illustrates the total dollar amount of pensions paid to survivors and the average pension amount for spouses/common-law partners and children/students. All amounts include indexation.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This statistical table illustrates the number of pensions that became payable to survivors, including spouses/common-law partners, children and students. The statistical table also illustrates the total dollar amount of pensions paid to survivors and the average pension amount for spouses/common-law partners and children/students. All amounts include indexation.
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Households where the major income earner was from 35 to 44 years old had the highest amount of net savings in 2023. That segment saved on average nearly ****** Canadian dollars that year alone. Households of individuals older than ** 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.