Household spending and savings

Key indicators

Changing any selection will automatically update the page content.

Filter results by

Search Help
Currently selected filters that can be removed

Keyword(s)

Geography

1 facets displayed. 0 facets selected.

Content

1 facets displayed. 0 facets selected.
Sort Help
entries

Results

All (12)

All (12) (0 to 10 of 12 results)

  • Stats in brief: 11-627-M2023054
    Description: This infographic uses data from the Survey of Household Spending, 2014 to 2017 to produce estimates of Canadian household expenditures on a child based on family size and income group.
    Release date: 2023-09-29

  • Articles and reports: 11F0019M2023007
    Description: Caring for children is among the key functions of families and the larger society. In Canada, the question of affordability issues for families with children has become an increasingly important area of public policy. Also, information on the monetary cost of meeting children’s needs for food, shelter, clothing, health care, and education is important for family planning and budgeting decisions made by people raising children.
    Release date: 2023-09-29

  • Articles and reports: 36-28-0001202300700001
    Description: Although several national surveys have collected information on child care expenses from the parent perspective, information on the amount parents pay out of pocket per child has been limited. More recent information is necessary given the parameters of the Multilateral Early Learning and Child Care Framework (Employment and Social Development Canada, 2017) to work towards a shared vision of high-quality, accessible, flexible, inclusive and affordable child care in Canada. This study provides recent estimates of how much parents in Canada report paying for their 0- to 5-year-old child’s main child care arrangement in early 2022.
    Release date: 2023-07-26

  • Articles and reports: 36-28-0001202200900001
    Description:

    Registered Education Savings Plans (RESPs) are an important vehicle to help families save for postsecondary education. However, large differences in RESP savings persist between families of different income levels, despite targeted incentives aimed at encouraging low- and middle-income families to open RESP accounts and contribute to them. This article documents the differences in RESP contributions between families with different levels of income and liquid wealth.

    Release date: 2022-09-28

  • Stats in brief: 11-627-M2022033
    Description: This infographic provides a snapshot of how rising prices are affecting the Canadian population in 2022. It uses data from the Portrait of Canadian Society - Impacts of Rising Prices survey. It examines how recent rising prices are affecting Canadians' ability to meet day-to-day expenses, the areas in which people have been most affected and what people have started doing or are doing more than before to deal with rising prices.
    Release date: 2022-06-09

  • Articles and reports: 11F0019M2020012
    Description:

    The Government of Canada offers various financial incentives for parents to save for their children’s postsecondary education by contributing to a Registered Education Savings Plan (RESP). However, RESP participation rates tend to rise substantially with family income, and previous research has demonstrated that family wealth was the single most important reason for this trend (among factors that could be examined). This study explores whether differences in parental literacy, numeracy and financial literacy can further account for some of the gap in RESP participation by level of family income.

    Release date: 2020-07-06

  • Articles and reports: 11-626-X2017071
    Description:

    This Economic Insights article documents the characteristics of families with children under the age of 18 who hold registered education savings plan (RESP) investments. The article also examines the relationship between holding an RESP account at age 15 and postsecondary enrolment between the ages of 19 and 27. The data are drawn from the 1999 and 2012 Survey of Financial Security and from the Youth in Transition Survey, Cohort A, linked to the T1 Family File. Postsecondary enrolment is derived from education deductions and tuition credits in the tax data.

    Release date: 2017-04-12

  • Articles and reports: 11F0019M2017392
    Description:

    The registered education savings plan (RESP) savings vehicle is designed to encourage parents of school-age children to save for their children’s postsecondary education through tax sheltered earnings on contributions, as well as through additional contributions from the federal government. No recent evidence exists on the characteristics of RESP holders, and little exists on the association between having an RESP and enrolling in postsecondary education.

    This study makes three contributions to the literature. First, it documents differences in RESP holdings by family income and how these have evolved over time. Second, it decomposes these differences (particularly between the top and bottom quintiles of family income) into portions that are related to differences in key determinants of RESP participation (e.g., family wealth and parental education). And, third, it examines the relationship between having an RESP account and attending a postsecondary institution.

    Release date: 2017-04-12

  • Surveys and statistical programs – Documentation: 62F0026M2001001
    Description:

    This report describes the quality indicators produced for the 1998 Survey of Household Spending. It covers the usual quality indicators that help users interpret data, such as coefficients of variation, nonresponse rates, imputation rates and the impact of imputed data on the estimates. Added to these are various less often used indicators such as slippage rates and measures of the representativity of the sample for particular characteristics that are useful for evaluating the survey methodology.

    Release date: 2001-10-15

  • Articles and reports: 75-001-X19980023827
    Geography: Canada
    Description:

    This article looks at the RRSP Home Buyers' Plan in terms of the amounts withdrawn and the number of participants by age, sex and income. In addition, it considers the number of taxfilers who defaulted on their 1995 repayments and the amounts involved.

    Release date: 1998-06-25
Data (0)

Data (0) (0 results)

No content available at this time.

Analysis (11)

Analysis (11) (0 to 10 of 11 results)

  • Stats in brief: 11-627-M2023054
    Description: This infographic uses data from the Survey of Household Spending, 2014 to 2017 to produce estimates of Canadian household expenditures on a child based on family size and income group.
    Release date: 2023-09-29

  • Articles and reports: 11F0019M2023007
    Description: Caring for children is among the key functions of families and the larger society. In Canada, the question of affordability issues for families with children has become an increasingly important area of public policy. Also, information on the monetary cost of meeting children’s needs for food, shelter, clothing, health care, and education is important for family planning and budgeting decisions made by people raising children.
    Release date: 2023-09-29

  • Articles and reports: 36-28-0001202300700001
    Description: Although several national surveys have collected information on child care expenses from the parent perspective, information on the amount parents pay out of pocket per child has been limited. More recent information is necessary given the parameters of the Multilateral Early Learning and Child Care Framework (Employment and Social Development Canada, 2017) to work towards a shared vision of high-quality, accessible, flexible, inclusive and affordable child care in Canada. This study provides recent estimates of how much parents in Canada report paying for their 0- to 5-year-old child’s main child care arrangement in early 2022.
    Release date: 2023-07-26

  • Articles and reports: 36-28-0001202200900001
    Description:

    Registered Education Savings Plans (RESPs) are an important vehicle to help families save for postsecondary education. However, large differences in RESP savings persist between families of different income levels, despite targeted incentives aimed at encouraging low- and middle-income families to open RESP accounts and contribute to them. This article documents the differences in RESP contributions between families with different levels of income and liquid wealth.

    Release date: 2022-09-28

  • Stats in brief: 11-627-M2022033
    Description: This infographic provides a snapshot of how rising prices are affecting the Canadian population in 2022. It uses data from the Portrait of Canadian Society - Impacts of Rising Prices survey. It examines how recent rising prices are affecting Canadians' ability to meet day-to-day expenses, the areas in which people have been most affected and what people have started doing or are doing more than before to deal with rising prices.
    Release date: 2022-06-09

  • Articles and reports: 11F0019M2020012
    Description:

    The Government of Canada offers various financial incentives for parents to save for their children’s postsecondary education by contributing to a Registered Education Savings Plan (RESP). However, RESP participation rates tend to rise substantially with family income, and previous research has demonstrated that family wealth was the single most important reason for this trend (among factors that could be examined). This study explores whether differences in parental literacy, numeracy and financial literacy can further account for some of the gap in RESP participation by level of family income.

    Release date: 2020-07-06

  • Articles and reports: 11-626-X2017071
    Description:

    This Economic Insights article documents the characteristics of families with children under the age of 18 who hold registered education savings plan (RESP) investments. The article also examines the relationship between holding an RESP account at age 15 and postsecondary enrolment between the ages of 19 and 27. The data are drawn from the 1999 and 2012 Survey of Financial Security and from the Youth in Transition Survey, Cohort A, linked to the T1 Family File. Postsecondary enrolment is derived from education deductions and tuition credits in the tax data.

    Release date: 2017-04-12

  • Articles and reports: 11F0019M2017392
    Description:

    The registered education savings plan (RESP) savings vehicle is designed to encourage parents of school-age children to save for their children’s postsecondary education through tax sheltered earnings on contributions, as well as through additional contributions from the federal government. No recent evidence exists on the characteristics of RESP holders, and little exists on the association between having an RESP and enrolling in postsecondary education.

    This study makes three contributions to the literature. First, it documents differences in RESP holdings by family income and how these have evolved over time. Second, it decomposes these differences (particularly between the top and bottom quintiles of family income) into portions that are related to differences in key determinants of RESP participation (e.g., family wealth and parental education). And, third, it examines the relationship between having an RESP account and attending a postsecondary institution.

    Release date: 2017-04-12

  • Articles and reports: 75-001-X19980023827
    Geography: Canada
    Description:

    This article looks at the RRSP Home Buyers' Plan in terms of the amounts withdrawn and the number of participants by age, sex and income. In addition, it considers the number of taxfilers who defaulted on their 1995 repayments and the amounts involved.

    Release date: 1998-06-25

  • Articles and reports: 75-001-X19980013597
    Geography: Canada
    Description:

    Relatively few eligible taxfilers take advantage of their unused RRSP contribution room in a given year, and they use only a fraction of it. This article looks at how much room has accumulated since 1991. It also examines which taxfilers are using their RRSP room.

    Release date: 1998-03-25
Reference (1)

Reference (1) ((1 result))

  • Surveys and statistical programs – Documentation: 62F0026M2001001
    Description:

    This report describes the quality indicators produced for the 1998 Survey of Household Spending. It covers the usual quality indicators that help users interpret data, such as coefficients of variation, nonresponse rates, imputation rates and the impact of imputed data on the estimates. Added to these are various less often used indicators such as slippage rates and measures of the representativity of the sample for particular characteristics that are useful for evaluating the survey methodology.

    Release date: 2001-10-15
Date modified: