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...

Recent commentary on the state of the average Canadian’s finances has been sharply divergent, as rosy conclusions clash with much more pessimistic takes. Which is right? From the perspective of income, the news is generally good. But consider assets, and the reality is...

With the growing complexity of financial products and services, there is an increased interest in understanding the psychological components that affect financial decisions. Perceived financial capability is but one component of the broader concept of financial capability that also includes...