Discover financial empowerment resources
Discover financial empowerment resources
Given the scope and the diversity of the reports and studies that examined the impacts of the pandemic on well-being, it can be challenging to absorb and understand all the ways in which quality of life has been affected by COVID-19. The well-being literature offers an approach that may help. This...
This paper discusses the concept of disposable income used in the MBM. Disposable income is a measure of the means available to a Canadian family to meet its basic needs and achieve a modest standard of living. The disposable income of families surveyed in the Canadian Income Survey (CIS) is...
This article in the Economic Insights series from Statistics Canada examines the economic well-being of millennials by comparing their household balance sheets to those of previous generations of young Canadians. Measured at the same point in their life course, millennials were relatively better...
In this video presentation Andrew Heisz from Statistics Canada explains the changing household assets, debt, and income levels of Canadians of different age generations. This presentation was given at the Prosper Canada Policy Research Symposium on March 9, 2018. Read the slide deck that...
The research and policy symposium on income volatility was held on March 9, 2018, in Toronto, Ontario. Speakers from Canada and the United States present on key research findings on the nature of income and expense volatility in the early 21st Century. Speakers also suggest policy solutions to...
This article explores how skill proficiencies are related to household income for Canadians aged 16 to 65 using data from the first wave of the Longitudinal and International Study of Adults (LISA), conducted in 2012. The article also demonstrates how the relationship between skill level and low...