The purpose of the survey is to collect information from a sample of Canadian households on their assets and debts. The SFS provides a comprehensive picture of the financial health of Canadians. Your information may be used by Statistics Canada for other statistical and research purposes.
Block Information Confidentiality
Your answers are collected under the authority of the Statistics Act and will be kept strictly confidential.
Block Information on Record linkage
To enhance the data from this survey, Statistics Canada will combine your responses with information from your T1 income tax file. Statistics Canada will obtain information from: the T1 Income Tax and Benefit Return, the T4 file of records from employers, the child tax benefit file and the GST Credit file.
Any personal information we obtain will be kept strictly confidential according to the requirements of the Statistics Act.
Statistics Canada may also combine the information you provide with other survey or administrative data sources.
Block Information on Topics covered in the survey
Topics covered in the survey
The survey asks a variety of questions on assets, debts, employment, income and education. Information is collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts.
Block Information on Published data
Block Information on Survey-specific questions
- What is the purpose of this survey?
- Who is surveyed?
- How was my household selected to participate in this survey?
- Who uses this information? Why is it important?
- When will the results be available?
- Where can I get more information about the survey?
What is the purpose of this survey?
The purpose of the survey is to collect information from a sample of Canadian households on their assets, debts, employment, income and education. The SFS provides a comprehensive picture of the net worth (or financial health) of Canadians. Information is collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts.
Who is surveyed?
About 20,000 households are surveyed across Canada.
How was my household selected to participate in this survey?
Your household was selected randomly for participation in this survey by Statistics Canada. Once a household has been selected, it cannot be replaced with another household because the survey sample would no longer be random. To ensure that the sample is an accurate reflection of the population as a whole, it is important that all selected households participate.
Who uses this information? Why is it important?
Your responses will help to create accurate statistics about how households in all parts of Canada are adapting to economic changes. By taking part in this survey you are helping:
- Social planning councils and welfare agencies use it to identify the needs of groups such as single parent families and seniors;
- Federal, provincial and municipal governments use it to review and improve policies on earnings, employment insurance, social assistance and pensions;
- Advocacy groups use it to assess the impact of changes in policies and programs.
When will the results be available?
The Survey results are scheduled to be released by the end of 2017 on the Statistics Canada's web site (e.g. Daily, CANSIM tables, …etc).
Where can I get more information about the survey?
For more information on the Survey of Financial Security, contact us.
- Questionnaires, definitions, data sources and methods: survey number 2620