Cross Canada Check-up: Provincial/territorial findings from Canada's Neighbourhood Financial Health Index
Author: Canadian Council on Social Development (CCSD), Prosper Canada
Topic: Financial well-being
Publisher: Prosper Canada
Location: Canada
Format: Report
Content Type: Research
Publication Date: November 1, 2018

Canada ranks consistently as one of the best places to live in the world and one of the wealthiest. When it comes to looking at the financial health of Canadian households, however, we are often forced to rely on incomplete measures, like income alone, or aggregate national statistics that tell us little about the distribution of financial health and vulnerability in our neighbourhoods, communities or provinces/territories.

The purpose of this report is to examine the financial heath and vulnerability of Canadian households in different provinces and territories using a new composite index of household financial health, the Neighbourhood Financial Health Index or NFHI. The NFHI has been designed to shine a light on the dynamics underlying these national trends, taking a closer look at what is happening at the provincial/territorial, community and neighbourhood levels.

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