Wealth indicators and distributions, by household characteristics such as income quintile, age, housing tenure and composition, Canada, annual 2010 to 2019 and quarterly starting 2020.

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; ...).

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 income quintiles refer to the quintiles estimated at the Canada level and not at the provincial/territorial level. The Income quintiles are assigned based on the equalized household disposable income. This takes into account differences in household size and composition. The Oxford-modified equivalence scale is used; it assigns a value of 1 to the first adult, 0.5 to each additional person aged 14 and over, and 0.3 for all children under 14. Age groups refer to the age group of the major income earner. Life insurance and pensions include the value of all life insurance and employer pension plans, termination basis. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada and Quebec Pension Plans (CPP/QPP). Other financial assets include total currency and deposits, Canadian short-term paper, Canadian bonds and debentures, foreign investments in paper and bonds, mortgages, equity and investment funds, and other receivables. Other non-financial assets include consumer durables, machinery and equipment, and intellectual property products. Excludes accumulation of value of collectibles including coins, stamps and art work. Other liabilities include major credit cards and retail store cards, gasoline station cards, etc., vehicle loans, lines of credit, student loans, other loans from financial institutions and other money owed. The sum of the values for net worth and its components by province and region is less than the total for Canada as they exclude the territories. The coefficients of variation from Statistics Canada's Survey of Financial Security for 2012 and 2016, which serve as indicators of the accuracy of these estimates for net worth and its components, are available in the appendix to Distributions of Household Economic Accounts, estimates of asset, liability and net worth distributions, 2010 to 2019, technical methodology and quality report for the March 2020 release. Distribution of value" is the share of a wealth component (such as total assets) attributable to the various household characteristics (such as lowest income quintile)." This table has been archived and replaced by table 36100661.

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.

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.

David Thomson and family had a total net worth of 72.7 billion U.S. dollars, representing the richest in Canada in 2024. Changpeng Zhao, co-founder and executive chairman of Binance, is the second-richest person in Canada, with a net worth of 63.7 U.S. dollars.

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; ...).

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 22,500 Canadian dollars that year alone. Households of individuals older than 64 had negative net savings amounting to 13,760 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.

This table has been archived and replaced by table 36100665. The sum of the values for net worth and its components by province and region is less than the total for Canada as they exclude the territories. The income quintiles refer to the quintiles estimated at the Canada level and not at the provincial/territorial level. The Income quintiles are assigned based on the equalized household disposable income. This takes into account differences in household size and composition. The Oxford-modified equivalence scale is used; it assigns a value of 1 to the first adult, 0.5 to each additional person aged 14 and over, and 0.3 for all children under 14. The coefficients of variation from Statistics Canada's Survey of Financial Security for 2012 and 2016, which serve as indicators of the accuracy of these estimates for net worth and its components, are available in the appendix to Distributions of Household Economic Accounts, estimates of asset, liability and net worth distributions, 2010 to 2019, technical methodology and quality report for the March 2020 release. Age groups refer to the age group of the major income earner. Life insurance and pensions include the value of all life insurance and employer pension plans, termination basis. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada and Quebec Pension Plans (CPP/QPP). Other financial assets include total currency and deposits, Canadian short-term paper, Canadian bonds and debentures, foreign investments in paper and bonds, mortgages, equity and investment funds, and other receivables. Other non-financial assets include consumer durables, machinery and equipment, and intellectual property products. Excludes accumulation of value of collectibles including coins, stamps and art work. Other liabilities include major credit cards and retail store cards, gasoline station cards, etc., vehicle loans, lines of credit, student loans, other loans from financial institutions and other money owed. Owner's equity refers to the value of the interests of an owner or partial owner in an asset, in this case real estate, divided by household real estate, which includes the value of structures (residential and non-residential) and land owned by households. Distributions of Household Economic Accounts (DHEA) estimates are benchmarked to year-end estimates for liabilities and assets from the National Balance Sheet Accounts (NBSA, Table 36-10-0580-01), and for annual household disposable income from the Provincial-Territorial Economic Accounts (Table 36-10-0224-01). DHEA ratios for debt to disposable income, real estate as a share of disposable income, and net worth as a share of disposable income differ from those included in “Financial indicators of households and non-profit institutions serving households, national balance sheet accounts” (Table 38-10-0235-01) as the latter source adjusts disposable income for the change in pension entitlements. The measure of disposable income used for the DHEA ratios is more consistent with that shown in “Household sector credit market summary table, seasonally adjusted estimates” (Table 38-10-0238), which does not adjust disposable income for the change in pension entitlements.

• What is the average net worth of households within my trade area? • What proportions of my customers’ assets are held in chequing and savings accounts? Stocks? Bonds? Mutual Funds? • Which areas within my trade area have a high debt-to-asset ratio? • What types of debt do my customers have? Are their debts dominated by credit cards? HELOC? Mortgages? • Are the average real estate values around my business higher or lower than the average real estate values in my base market? • What proportion of my trade area holds an RRIF vs. an RRSP? • and more

Built using authoritative data from a variety of sources—such as the Bank of Canada, Canada Revenue Agency, and Statistics Canada—and sophisticated modelling techniques, WealthScapes is designed for financial planning, marketing, and targeting applications.

The latest version features a database of over 100 key financial and investment statistics to help financial institutions, charitable organizations, and large retailers better understand their customers' financial and investment behaviour. The key variables used in WealthScapes are created to match the best available control totals in Canada so that chief economists will endorse them.

The total value of households net savings in Canada increased by 7.2 billion dollars (+8.85 percent) in 2023 in comparison to the previous year. In total, the total value amounted to 88.54 billion dollars in 2023. This increase was preceded by a declining total value.

This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Canada; Atlantic Region; Newfoundland and Labrador; Prince Edward Island; ...); Characteristics (1 item: All households); 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, total amounts, by net worth quintile

The average value of net savings per household in Canada increased by 332 dollars (+6.63 percent) since the previous year. In total, the average value amounted to 5,342 dollars in 2023. This increase was preceded by a declining average value.

Quarterly national balance sheet data, for the household, corporations, general governments and non-resident sectors, as well as the total of all sectors and the consolidated national balance sheet, by category, in both market and book value.

This statistic depicts the median annual family income in Canada from 2000 to 2020. In 2020, the median annual family income in Canada was 96,220 Canadian dollars.

Families of tax filers; Distribution of total income by census family type and age of older partner, parent or individual (final T1 Family File; T1FF).

Quarterly current and capital accounts for the household sector, including property income, disposable income, net saving and net lending, Canada.

In 2021, Canadians who were neither part of a visible minority nor the Indigenous population had an average total income at least 7,600 Canadian dollars higher than these population categories. The visible minorities with the highest average total income that year were people of Chinese, Latin American and Arab origin. Conversely, those with the lowest incomes were other visible minorities and the Native population.