Investment income, 2013
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Released: 2015-02-13
Both the number of taxfilers reporting investment income and the amount of reported investment income increased in 2013.
Nationally, just over 7.6 million taxfilers reported income from investments in 2013, compared with 7.5 million in 2012. The amount of investment income for the same period increased 8.5% to $66.7 billion (in constant dollars). Investment income refers to the sum of dividend income from taxable Canadian corporations and interest income from investments in non-tax-sheltered vehicles.
While the number of taxfilers reporting investment income rose, that number as a proportion of all taxfilers edged down from 30.1% in 2012 to 30.0% in 2013. Among the provinces and territories, the largest decrease was in Manitoba, where the proportion fell from 30.4% in 2012 to 29.8% in 2013.
Nationally, median investment income increased from $590 in 2012 to $600 in 2013 (in constant dollars). In other words, half of the taxfilers reporting investment income in 2013 reported more than $600, while the other half reported less than $600.
Taxfilers in Alberta reported the highest median investment income ($760), followed by those in British Columbia ($750) and Saskatchewan ($670). While taxfilers in Nunavut ($290) reported the lowest median investment income, they had the highest year-to-year percentage increase for the amount of reported investment income.
Among census metropolitan areas (CMAs), taxfilers in Victoria reported the highest median investment income ($1,040), followed by those in Kelowna ($1,000) and Calgary ($890). The lowest median investment income was reported in Saguenay ($330).
Victoria (38.3%) was the CMA with the highest proportion of taxfilers reporting investment income.
Note to readers
For this release, investment income recipients are defined as taxfilers who either reported dividend income from taxable Canadian corporations or reported interest income. Income earned from investments held under the terms of registered retirement savings plans or registered retirement income funds, for example, are excluded. Capital gains are also excluded.
In comparisons involving dollar amounts in this release, all figures for previous years have been adjusted for inflation, as measured by the Consumer Price Index.
All data in this release have been tabulated according to the 2011 Standard Geographical Classification used for the 2011 Census.
A census metropolitan area (CMA) is formed by one or more adjacent municipalities centred on a population centre (also known as the core). A CMA must have a total population of at least 100,000, of which 50,000 or more must live in the core.
The 2013 data on Canadian Investment Income (Catalogue number17C0008, various prices), Canadian Investors (Catalogue number17C0007, various prices), Canadian Savers (Catalogue number17C0009, various prices), Canadian Capital Gains (Catalogue number17C0012, various prices) and Canadian Taxfilers (Catalogue number17C0010, various prices) are now available for Canada, the provinces and territories, the federal electoral districts, the economic regions, the census divisions, the census metropolitan areas, the census agglomerations, the census tracts, and the postal-based geographies. These custom services are available upon request.
CANSIM tables for this release are available for Canada, the provinces and territories, the census metropolitan areas and the census agglomerations.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).
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