Table 1 Assets and debts held by family units, total amounts

Table 1 Assets and debts held by family units, total amounts
Table summary
Table 1 shows assets, debts and net worth of family units for 1999 and 2005 from the Survey of Financial Security in 2005 constant dollars. From 1999 to 2005, total assets grew by 42.4 percent from $3.9 trillion to $5.6 trillion. Debts grew by 47.5 percent from $515 billion to $760 billion. Overall net worth grew by 41.7 percent from $3.4 trillion to $4.9 trillion.
  1999 2005 1999 to 2005
$ millionsNote 1 % change
Assets 3,947,765 5,622,674 42.4
Private pension assetsNote 2 1,151,606 1,631,894 41.7
Financial assets, non pension 487,304 584,588 20.0
Non-financial assets 1,914,119 2,816,366 47.1
Principal residence 1,247,857 1,879,657 50.6
Other real estate 266,340 480,828 80.5
Vehicles 141,886 171,205 20.7
Other non-financial assetsNote 3 258,036 284,675 10.3
Equity in business 394,735 589,827 49.4
Debts 515,417 760,188 47.5
Mortgages 398,863 572,147 43.4
Line of credit 29,213 68,131 133.2
Credit card and installment debtNote 4 16,275 25,775 58.4
Student loans 17,256 19,974 15.8
Vehicle loans 32,620 46,105 41.3
Other debt 21,191 28,055 32.4
Net worth (assets less debts) 3,432,347 4,862,486 41.7
1. In 2005 constant dollars.
2. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada Pension Plan/Quebec Pension Plan (CPP/QPP).
3. The value of the contents of the respondent's principal residence, valuables and collectibles, copyrights and patents, etc.
4. Includes major credit cards and retail store cards, gasoline station cards, etc. Installment debt is the total amount owing on deferred payment or installment plans where the purchased item is to be paid for over a period of time.
Source: Statistics Canada, Survey of Financial Security.
Date modified: