Discover financial empowerment resources
Discover financial empowerment resources
The evolution of the wealth, assets and debts of various groups of Canadians since the late 1990s has been documented in several studies. Yet little is known about the evolution of the wealth holdings of unattached men and women aged 50 and older, who make up a large part of the population. This...
The economic lockdown to stop the spread of COVID-19 has led to steep declines in employment and hours worked for many Canadians. For workers in essential services, in jobs that can be done with proper physical distancing measures or in jobs that can be done from home, the likelihood of...
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,...