Using data from the Survey of Financial Security (SFS), this article looks at changes in debt, assets and net worth among senior Canadian families over the period from 1999 to 2016. It also examines changes in the debt-to income ratio and the debt to-asset ratio of senior families with debt. This...

The Canada Mortgage and Housing Corporation (CMHC) publishes a quarterly report on Canadian trends relating to mortgage debt and consumer borrowing. Find out the level of Canadian household indebtedness, and emerging trends in outstanding debt balances in different urban areas and by age...

This Economic Insights article quantifies the degree to which families who expect their financial situation to get better in the next two years have, all else equal, more debt than comparable families. The study shows that even after a large set of socioeconomic characteristics is controlled for,...

These results are from the new study "Debt and assets among senior Canadian families." released in April 2018. The study examines changes in debt, assets and net worth among Canadian families whose major income earner was 65 years of age or older. In recent years, household debt has increased....

Understanding the health of the balance sheets of Canadian households is a complex issue that continues to generate considerable discussion. A new Statistics Canada study contributes to these discussions by highlighting the extent to which national measures of indebtedness and wealth mask...

Debt-to-income ratios in Canada have continue to rise since the 2008-2009 recession, especially in urban centres where housing prices have increased over the last few years. This infographic from Statistics Canada shows where debt-to-income ratios are highest across...

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...

Financial Empowerment is a new approach to poverty reduction that focuses on improving the financial security of low-income people. It is an evidence-driven set of interventions that have proven successful at both eliminating systemic barriers to the full financial inclusion of low-income people...

More than half of Americans in the tenuous segment live paycheck to paycheck (53%) and struggle to keep up with bills and credit payments. Yet the majority receive regular wages and predictable income. In many ways, individuals in the tenuous segment resemble those in the striving segment, though...