Marie Drolet, René Morissette, Xuelin Zhang
Wealth is an important measure of financial well being. It provides resources that can be converted into cash to satisfy consumption needs. Furthermore, financial assets can allow a family to absorb the shock of economic stress, such as the loss of a job, sickness, or divorce. Did changes occur in the wealth of Canadian families between 1984 and 1999? Did the rich continue to get richer? Using data from the Assets and Debt Survey and the Survey of Financial Security, this study examines whether the gap between high-wealth families and low-wealth families increased during this 15-year period.
Some of the information on this Web page has been provided by external sources. The Government of Canada is not responsible for the accuracy, reliability or currency of the information supplied by external sources. Users wishing to rely upon this information should consult directly with the source of the information. Content provided by external sources is not subject to official languages, privacy and accessibility requirements.
150 Tunney's Pasture Driveway
Ottawa, ON K1A 0T6
Source: Consumer Policy Research Database