Shifts in spending patterns of older Canadians
Raj K. Chawla
As households age and labour market attachment diminishes, income, savings and wealth generally become less. Households also become smaller as adult children leave or a spouse dies. And spending patterns change. Using ‘similar’ households, this study looks at changes in spending patterns for households headed by persons aged 55 or older in 1982 and 2003.
Fact sheet on education indicators
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