Table 1
Demographic characteristics and financial knowledge quiz scores

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Standard table symbols

Select characteristics Average quiz score
Overall average1 Below-median household income
(0 to $67,000)		 Median household income ($67,001 to $95,000) Above-median household income
(over $95,000)		 Household income not stated2
percentage
Total 66.6 61.8 66.9 71.4 56.8
Age
18 to 24 years 64.1* 62.3 65.3E 65.3* 53.4
25 to 34 years 66.0 62.3 66.7 69.7* 57.3
35 to 44 years† 67.2 60.5 66.2 73.2 56.7
45 to 54 years 67.1 61.3 67.3 72.2 60.3
55 to 64 years 67.5 62.9* 68.6 73.8 56.9
Sex
Women† 65.1 60.9 65.7 69.6 56.3
Men 68.0* 62.7* 68.0* 72.7* 57.5
Family status
Unattached 66.6 64.4* 73.3* 78.4* 58.9
Couple only 67.7 62.2* 66.7 73.0 57.5
Couple with children† 67.2 59.4 66.3 72.3 58.9
Single parent 63.6* 60.9 70.6E 68.3E 55.7
Other 64.3* 62.8* 65.2 65.3* 54.5*
Immigrant status
Born in Canada/Canadian citizen by birth† 67.9 63.7 68.2 71.9 58.8
Long-term immigrant 63.0* 57.3* 62.4* 69.1* 52.0*
Recent immigrant (in last 10 years) 57.6* 52.0* F 69.5*E 47.0*
Education
High school diploma or less† 60.0 57.1 61.2 65.0 49.4
Some postsecondary less than a university degree 68.8* 64.9* 68.5* 72.1* 61.3*
University degree 73.1* 65.9* 72.4* 76.3* 65.3*
Labour force status
Employed† 67.4 62.3 67.0 71.4 58.4
Self-employed 69.9* 65.5* 67.8 74.3* 62.6*
Unemployed 60.9* 57.6* 64.3 68.3 50.2*
Retired 67.9 64.5* 70.2*E 75.6* 59.8
Other 62.8* 60.2 64.6E 66.2* 53.2*
Home ownership
Own with no mortgage 68.4 63.9 67.3 72.3 60.6
Own with mortgage† 68.1 63.4 67.1 71.2 57.9
Rent 61.9* 59.4* 65.6 70.1 52.3*
Region
Atlantic Canada 64.0* 61.0 64.7 68.3* 60.2*
Quebec 64.0* 60.2 65.5 68.7* 55.9
Ontario† 67.1 60.7 66.8 72.6 55.4
Saskatchewan/Manitoba 67.3 64.5* 66.9 71.0 57.4
Alberta 69.5* 66.0* 67.6 71.7 62.3*
British Columbia 69.2* 65.1* 70.5 72.7 59.2
E use with caution
F too unreliable to be published
† reference group
* statistically significant difference from the reference group at p < 0.05
1. Overall percentage means do not include those who did not state their household income.
2. Results reported for those who did not state their household income, but no analysis is provided in the article.
Source: Statistics Canada, Canadian Financial Capability Survey, 2009.