Assets and debts held by family units, median amounts, by net worth quintile (Fourth net worth quintile)

Related tables:   Household assets, debts and wealth.  

Assets and debts held by family units, median amounts, by net worth quintile
(Fourth net worth quintile)
  1999 2005
  median amount in 2005 constant dollars number of family units (thousands) % holding assets and debts median amount in 2005 constant dollars number of family units (thousands) % holding assets and debts
Assets 326,026 2,443 100.0 441,700 2,675 100.0
Private pension assets1 94,396 2,189 89.6 130,000 2,511 93.9
RRSPs, LIRAs, RRIFs and other2 32,257 1,869 76.5 36,456 2,105 78.7
EPPs3 79,014 1,548 63.4 112,019 1,922 71.9
Financial assets, non pension 10,420 2,330 95.4 12,067 2,544 95.1
Deposits in financial institutions 5,760 2,277 93.2 6,000 2,458 91.9
Mutual funds, investment funds and income trusts 13,824 391 16.0 20,300 455 17.0
Stocks 6,336 260 10.7 6,000 310 11.6
Bonds (savings and other) 2,880 441 18.0 2,250 381 14.2
Other financial assets4 5,760 325 13.3 8,000 566 21.1
Non-financial assets 190,086 2,443 100.0 250,000 2,675 100.0
Principal residence 149,765 2,154 88.2 200,000 2,424 90.6
Other real estate 67,879 534 21.9 75,000 557 20.8
Vehicles 12,672 2,156 88.2 14,500 2,397 89.6
Other non-financial assets5 14,976 2,443 100.0 20,000 2,675 100.0
Equity in business 17,281 610 25.0 25,000 548 20.5
Debts 57,141 1,690 69.2 79,840 2,046 76.5
Mortgages 78,338 1,128 46.2 100,000 1,441 53.9
Principal residence 74,882 1,077 44.1 98,000 1,376 51.5
Other real estate 60,367 138 5.7 65,000 164 6.1
Line of credit 6,912 503 20.6 10,000 933 34.9
Credit card and installment debt6 2,304 935 38.3 2,400 1,078 40.3
Student loans 6,912 181 7.4 4,000 161 6.0
Vehicle loans 11,520 557 22.8 12,390 791 29.6
Other debt 5,760 325 13.3 9,000 304 11.4
Net worth (assets less debts) 275,579 2,443 100.0 361,226 2,675 100.0
Note: Family units: economic families (a group of two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law or adoption) and unattached individuals (a person living either alone or with others to whom he or she is unrelated).
1. Excludes public plans administered or sponsored by governments: Old Age Security (OAS) including the Guaranteed Income Supplement (GIS) and the Spouse's Allowance (SPA), as well as the Canada Pension Plan/Quebec Pension Plan (CPP/QPP).
2. Registered Retirement Savings Plans (RRSPs), Locked-in-Retirement Accounts (LIRAs), Registered Retirement Income Funds (RRIFs). Other includes Deferred Profit Sharing Plans (DPSPs), annuities and other miscellaneous pension assets.
3. Employer-sponsored Registered Pension Plans (EPPs). These plans were valued on a termination basis. Only plan membership to the time of the Survey of Financial Security was considered. Interest rates are assumed based on current market rates.
4. Includes Registered Education Savings Plans (RESPs), treasury bills, mortgage-backed securities, money held in trust, money owed to the respondent and other miscellaneous financial assets, including shares of privately-held companies.
5. The value of the contents of the respondent's principal residence, valuables and collectibles, copyrights and patents, etc.
6. Includes major credit cards and retail store cards, gasoline station cards, etc. Installment debt is the total amount owing on deferred payment or installment plans where the purchased item is to be paid for over a period of time.
Source: Statistics Canada, Survey of Financial Security (SFS).
Last modified: 2006-12-07.

To learn more about the results of this survey, see The Wealth of Canadians: An Overview of the Results of the 2005 Survey of Financial Security.

To find more information related to this table, consult Definitions, data sources, and methods.