Statistics by subject – Seniors

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  • The Daily
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2014-02-24

  • Articles and reports: 11F0019M2010325

    Homeownership affects investment, consumption, and savings decisions of households, and plays a major role in post-retirement well-being. This paper examines two questions. First, to what extent do Canadians acquire and retain homeownership at different life-course stages, particularly after retirement? Second, has the age profile of homeownership changed over generations?

    Using data from eight Canadian censuses of population, conducted between 1971 and 2006, we find a strong regularity in the age profile of homeownership across generations of Canadians. The homeownership rate rises quickly with the age of household maintainers (i.e., the person(s) who pay(s) for shelter costs) in the period before the age of 40, and continues to climb thereafter at a slower pace until reaching the plateau near age 65, when about three quarters of Canadian households own their homes. We find that the homeownership rate changes little from age 65 to 74 but starts declining after age 75. As well, we note that the level at which homeownership plateaus has risen steadily across birth cohorts since the 1970s.

    Release date: 2010-06-07

Reference (1)

Reference (1) (1 result)

  • Index and guides: 98-200-X2016027

    This article in the Census in Brief series presents a detailed profile of working seniors in Canada. It includes information on the work activity levels, sources of income and occupations of senior men and women. Trends over the past two decades are examined.

    Release date: 2017-11-29

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