Household, family and personal income
Key indicators
Selected geographical area: Canada
-
$579,1009.4%
(annual change) -
$68,4000.9%
(annual change)
More household, family and personal income indicators
Selected geographical area: Canada
-
$73,000
-
9.8%
-
-0.040
-
11.1%
-
-3.3
-
$329,900
-
$70,336
-
14.2%
-
17.0%
-
32.0%
-
Proportion of households contributing to TFSA, RRP or RRSP in 2015 - Canada
(2016 Census of Population)65.2%
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All (7)
All (7) ((7 results))
- 1. How big was the Effect of Falling Commodity Prices on Canadian Real Incomes between mid-2014 and mid-2016? ArchivedArticles and reports: 11-626-X2016066Description:
This Economic Insights article assesses the effect of falling commodity prices on Canadian real income. It is part of a research program that examines links between natural resources and economic growth.
Release date: 2016-12-22 - Articles and reports: 11F0019M2016381Description:
Changes in health status may affect not just the individuals who experience such changes, but also their family members. For example, if the main earner in a family loses his or her ability to generate income due to a health shock, it invariably affects the financial situation of the spouse and other dependents. In addition, spouses and working-age children may themselves increase or reduce their labour supply to make up for the lost income (“added worker effect”) or care for a sick family member (“caregiver effect”). Since consumption smoothing and self-insurance occur at the household level, the financial effects of health for other family members have important policy implications. To shed light on such effects, this study analyzes how one spouse’s cancer diagnosis affects the employment and earnings of the other spouse and (before-tax) total family income using administrative data from Canada.
Release date: 2016-07-22 - Articles and reports: 75F0002M2016003Description:
Periodically, income statistics are updated to reflect the most recent population estimates from the Census. Accordingly, with the release of the 2014 data from the Canadian Income Survey, Statistics Canada has revised estimates for 2006 to 2013 using new population totals from the 2011 Census. This paper provides unrevised estimates alongside revised estimates for key income series, indicating where the revisions were significant.
Release date: 2016-07-08 - Articles and reports: 11F0019M2016379Description:
Comparative studies of intergenerational earnings and income mobility largely rank Canada as one of the most mobile countries among advanced economies, such as Denmark, Finland and Norway. The assertion that Canada is a highly mobile society is drawn from intergenerational income elasticity estimates reported in Corak and Heisz (1999). Corak and Heisz used data from the earlier version of the Intergenerational Income Database (IID), which tracked income of Canadian youth only into their early thirties. Recent theoretical literature, however, suggests that the relationship between childrens’ and parents’ lifetime income may not be accurately estimated when children’s income are not observed from their mid-careers— known as lifecycle bias. The present study addresses this concern by re-examining the extent of intergenerational earnings and income mobility in Canada using the updated version of the IID, which tracks children well into their mid-forties, when mid-career income are observed.
Release date: 2016-06-17 - Articles and reports: 11-626-X2016059Description:
This Economic Insights article examines the extent to which the lifetime income of children is correlated with the lifetime income of their fathers—a topic known as intergenerational income mobility. The analysis uses data from Statistics Canada’s Intergenerational Income Database, which links together children and their parents using tax files. The data provides information that permits the comparison of the income of children to those of parents at a similar stage of the lifecycle. A longer, more detailed study is also available.
Release date: 2016-06-17 - Articles and reports: 75F0002M2016001Description:
The study examines the evolution of income mobility for Canadian taxfilers from both the absolute and the relative perspectives. Using data from the Longitudinal Administrative Databank for the years 1982 to 2012, we estimated several income mobility statistics for overlapping panels of Canadian taxfilers over those 30 years. We also assessed the impact of mobility on long-term income inequality.
Release date: 2016-05-03 - 7. The Impact of Annual Wages on Interprovincial Mobility, Interprovincial Employment, and Job Vacancies ArchivedArticles and reports: 11F0019M2016376Description: The degree to which workers move across geographic areas in response to emerging employment opportunities or negative labour demand shocks is a key element in the adjustment process of an economy, and its ability to reach a desired allocation of resources.
This study estimates the causal impact of real after-tax annual wages and salaries on the propensity of young men to migrate to Alberta or to accept jobs in that province while maintaining residence in their home province. To do so, it exploits the cross-provincial variation in earnings growth plausibly induced by increases in world oil prices that occurred during the 2000s.
Release date: 2016-04-11
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Analysis (7)
Analysis (7) ((7 results))
- 1. How big was the Effect of Falling Commodity Prices on Canadian Real Incomes between mid-2014 and mid-2016? ArchivedArticles and reports: 11-626-X2016066Description:
This Economic Insights article assesses the effect of falling commodity prices on Canadian real income. It is part of a research program that examines links between natural resources and economic growth.
Release date: 2016-12-22 - Articles and reports: 11F0019M2016381Description:
Changes in health status may affect not just the individuals who experience such changes, but also their family members. For example, if the main earner in a family loses his or her ability to generate income due to a health shock, it invariably affects the financial situation of the spouse and other dependents. In addition, spouses and working-age children may themselves increase or reduce their labour supply to make up for the lost income (“added worker effect”) or care for a sick family member (“caregiver effect”). Since consumption smoothing and self-insurance occur at the household level, the financial effects of health for other family members have important policy implications. To shed light on such effects, this study analyzes how one spouse’s cancer diagnosis affects the employment and earnings of the other spouse and (before-tax) total family income using administrative data from Canada.
Release date: 2016-07-22 - Articles and reports: 75F0002M2016003Description:
Periodically, income statistics are updated to reflect the most recent population estimates from the Census. Accordingly, with the release of the 2014 data from the Canadian Income Survey, Statistics Canada has revised estimates for 2006 to 2013 using new population totals from the 2011 Census. This paper provides unrevised estimates alongside revised estimates for key income series, indicating where the revisions were significant.
Release date: 2016-07-08 - Articles and reports: 11F0019M2016379Description:
Comparative studies of intergenerational earnings and income mobility largely rank Canada as one of the most mobile countries among advanced economies, such as Denmark, Finland and Norway. The assertion that Canada is a highly mobile society is drawn from intergenerational income elasticity estimates reported in Corak and Heisz (1999). Corak and Heisz used data from the earlier version of the Intergenerational Income Database (IID), which tracked income of Canadian youth only into their early thirties. Recent theoretical literature, however, suggests that the relationship between childrens’ and parents’ lifetime income may not be accurately estimated when children’s income are not observed from their mid-careers— known as lifecycle bias. The present study addresses this concern by re-examining the extent of intergenerational earnings and income mobility in Canada using the updated version of the IID, which tracks children well into their mid-forties, when mid-career income are observed.
Release date: 2016-06-17 - Articles and reports: 11-626-X2016059Description:
This Economic Insights article examines the extent to which the lifetime income of children is correlated with the lifetime income of their fathers—a topic known as intergenerational income mobility. The analysis uses data from Statistics Canada’s Intergenerational Income Database, which links together children and their parents using tax files. The data provides information that permits the comparison of the income of children to those of parents at a similar stage of the lifecycle. A longer, more detailed study is also available.
Release date: 2016-06-17 - Articles and reports: 75F0002M2016001Description:
The study examines the evolution of income mobility for Canadian taxfilers from both the absolute and the relative perspectives. Using data from the Longitudinal Administrative Databank for the years 1982 to 2012, we estimated several income mobility statistics for overlapping panels of Canadian taxfilers over those 30 years. We also assessed the impact of mobility on long-term income inequality.
Release date: 2016-05-03 - 7. The Impact of Annual Wages on Interprovincial Mobility, Interprovincial Employment, and Job Vacancies ArchivedArticles and reports: 11F0019M2016376Description: The degree to which workers move across geographic areas in response to emerging employment opportunities or negative labour demand shocks is a key element in the adjustment process of an economy, and its ability to reach a desired allocation of resources.
This study estimates the causal impact of real after-tax annual wages and salaries on the propensity of young men to migrate to Alberta or to accept jobs in that province while maintaining residence in their home province. To do so, it exploits the cross-provincial variation in earnings growth plausibly induced by increases in world oil prices that occurred during the 2000s.
Release date: 2016-04-11
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