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.
The average age of investment is the weighted age of all investments remaining in the gross stock at year end. The remaining useful life, which is the difference between the average age of the investment spending and their expected service life, is then divided by the expected service life, creating a ratio that indicates the percentage of the asset class that remains.
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.
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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.
This statistic provides information on the median age of retirement in Canada from 2000 to 2022. In 2022, the median age of retirement for Canadian employees stood at **** years.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Characteristics (13 items: All households; Lowest income quintile; Second income quintile; Third income quintile; ...); Net worth indicators (wealth) (17 items: Financial assets as a share of total assets; Life insurance and pensions as a share of total assets; Other financial assets as a share of total assets; Non-financial assets as a share of total assets; ...).
Assets and debts held by family units and by age groups, total amounts.
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.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This table contains 42560 series, with data for years 2009 - 2014 (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; ...); Price (2 items: Original prices; Current prices); Age (2 items: Average age; Remaining useful service life ratio); Industry (20 items: Total all industries; Agriculture, forestry, fishing and hunting; Mining, quarrying and oil and gas extraction; Utilities; ...); Assets (38 items: Total non-residential; Building; Industrial buildings; Office buildings; ...).
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).
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This table contains 42560 series, with data for years 2009 - 2014 (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; ...); Price (2 items: Original prices; Current prices); Age (2 items: Average age; Remaining useful service life ratio); Industry (20 items: Total all industries; Agriculture, forestry, fishing and hunting; Mining, quarrying and oil and gas extraction; Utilities; ...); Assets (38 items: Total non-residential; Building; Industrial buildings; Office buildings; ...).
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
Average age and remaining useful service life ratio of Canadian residential housing assets. Annual estimates are available by province and territory, type of asset, and type of dwelling.
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.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
Average age and remaining useful service life ratio of Canadian residential housing assets. Annual estimates are available by province and territory, type of asset, and type of dwelling.
Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas, annual.
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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 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.