Microdata on household vulnerability in Canada: 1999 to 2014

This paper contributes to the literature on the state of household finances in Canada by constructing new indicators using Canadian microdata based on Canadian and international literature. Using data from the Survey of Financial Security (1999, 2005 and 2012), and also the Canadian Financial Capability Survey (2008 and 2014), it reports on 10 separate indicators of household financial vulnerability. Using logistic regression, it also models selected household characteristics that appear to serve as protective or risk factors for each measure of financial vulnerability. The goal is not to dispute analysis of aggregate data from macroeconomic sources, but instead to complement it, contributing to a more nuanced picture of trends and the current state of household finances in Canada