Table A.2
Aggregate debt-to-income ratio and debt-to-asset ratio across family characteristics, families with debt, 1999 and 2012

Table A.2
Aggregate debt-to-income ratio and debt-to-asset ratio across family characteristics, families with debt, 1999 and 2012
Table summary
This table displays the results of Aggregate debt-to-income ratio and debt-to-asset ratio across family characteristics 1999 and 2012, calculated using Debt-to-income ratios and Debt-to-asset ratios units of measure (appearing as column headers).
  1999 2012 1999 2012
Debt-to-income ratios Debt-to-asset ratios
All 1.28 1.89Note * 0.20 0.20
Age of major income earner  
15 to 34 1.41 2.16Note * 0.37 0.39
35 to 44 1.39 2.52Note * 0.25 0.32Note *
45 to 54 1.22 1.66Note * 0.17 0.17
55 to 64 1.06 1.48Note * 0.10 0.12
65 and over 0.77 1.18 0.07 0.08
Education of major income earner  
Less than high school 1.06 1.48Note * 0.18 0.18
High school 1.29 1.79Note * 0.22 0.19Note *
College/trades 1.32 1.95Note * 0.23 0.22
University degree 1.33 1.98Note * 0.18 0.18
Family structure  
Non-seniors (under age 65)  
Singles 1.27 2.24Note * 0.25 0.26
Couples without children or with children 18 and over 1.19 1.66Note * 0.17 0.16
Couples with children under 18 1.42 2.30Note * 0.24 0.27Note *
Lone parents 1.79 1.95 0.30 0.29
Others 0.99 1.34Note * 0.17 0.18
Seniors (65 and over) 0.77 1.18 0.07 0.08
Immigrant status of major income earner  
Immigrated within the last 10 years 1.77 2.66Note * 0.38 0.34
More than 10 years since immigration 1.48 2.31Note * 0.20 0.21
Canadian-born 1.21 1.76Note * 0.19 0.19
Region  
Atlantic 0.88 1.41Note * 0.17 0.19Note *
Quebec 1.10 1.62Note * 0.18 0.17
Ontario 1.34 1.86Note * 0.21 0.20
Manitoba and Saskatchewan 0.94 1.58Note * 0.16 0.17
Alberta 1.27 2.08Note * 0.19 0.24Note *
British Columbia 1.74 2.63Note * 0.23 0.21
Homeownership status  
Owners with a mortgage 1.84 2.72Note * 0.28 0.29
Owners without a mortgage 0.58 0.91Note * 0.06 0.06
Non-owners 0.46 0.64Note * 0.21 0.21
Income quintile  
Bottom quintile 1.88 2.89Note * 0.26 0.29
Second quintile 1.42 2.05Note * 0.24 0.23
Middle quintile 1.45 2.16Note * 0.24 0.23
Fourth quintile 1.25 1.90Note * 0.21 0.21
Top quintile 1.07 1.56Note * 0.16 0.15
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