 |
Assets
and debts held by family units, including employer-sponsored
registered pension plans, by provinces
| |
1999 |
| |
Canada |
Newfoundland and Labrador |
| |
Family units with component |
Family units with component |
| |
|
Average amount |
Median1 amount |
|
Average amount |
Median1 amount |
| |
% |
$ |
$ |
% |
$ |
$ |
| ASSETS |
100.0 |
286,800 |
165,500 |
100.0 |
147,500 |
84,500 |
| Private pension assets2 |
71.0 |
118,100 |
50,000 |
57.0 |
82,100 |
36,600 |
| RRSPs and RRIFs3 |
60.0 |
55,900 |
20,000 |
41.0 |
34,100 |
15,000 |
| EPPs4 |
47.0 |
104,600 |
49,300 |
42.0 |
77,900 |
36,800 |
| Other private pension assets5 |
4.0 |
27,100 |
8,000 |
x |
x |
x |
| Financial assets, non pension |
90.0 |
39,100 |
4,800 |
79.0 |
20,600 |
2,400 |
| Deposits in financial institutions |
88.0 |
15,000 |
2,700 |
78.0 |
7,700 |
1,500 |
| Mutual and investment funds |
14.0 |
46,200 |
13,000 |
x |
x |
x |
| Stocks |
10.0 |
74,700 |
8,700 |
x |
x |
x |
| Bonds (savings and other) |
14.0 |
14,400 |
2,500 |
x |
x |
x |
| Other financial assets6 |
13.0 |
43,800 |
4,600 |
x |
x |
x |
| Non-financial assets |
100.0 |
138,600 |
103,000 |
100.0 |
77,800 |
61,500 |
| Principal residence |
60.0 |
149,700 |
125,000 |
73.0 |
66,400 |
60,000 |
| Other real estate |
16.0 |
117,000 |
65,000 |
17.0 |
42,200 |
15,600 |
| Vehicles |
77.0 |
13,300 |
9,000 |
77.0 |
10,600 |
7,000 |
| Other non-financial assets7 |
100.0 |
18,700 |
10,000 |
100.0 |
13,800 |
10,000 |
| Equity in business |
19.0 |
155,600 |
10,000 |
x |
x |
x |
| DEBTS |
68.0 |
55,200 |
29,000 |
75.0 |
29,300 |
17,000 |
| Mortgages |
35.0 |
82,800 |
69,000 |
25.0 |
46,300 |
40,000 |
| Principal residence |
33.0 |
76,100 |
67,000 |
24.0 |
42,200 |
40,000 |
| Other real estate |
5.0 |
88,500 |
60,000 |
x |
x |
x |
| Line of credit |
16.0 |
13,500 |
5,000 |
x |
x |
x |
| Credit card and installment debt8 |
38.0 |
3,000 |
1,800 |
53.0 |
2,600 |
1,500 |
| Student loans |
12.0 |
10,400 |
7,300 |
20.0 |
15,800 |
12,500 |
| Vehicle loans |
21.0 |
11,200 |
9,000 |
32.0 |
10,100 |
8,000 |
| Other debt |
16.0 |
9,300 |
4,000 |
19.0 |
8,600 |
3,000 |
| NET WORTH (assets less debts) |
100.0 |
249,300 |
109,200 |
100.0 |
125,400 |
65,300 |
| 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. The value at
which half of all family units have lower net worth and half have higher
net worth. |
| 2. 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/Quebec Pension Plans (C/QPP). |
| 3. Registered Retirement
Savings Plans (RRSPs), Registered Retirement Income Funds (RRIFs). Also
includes Locked-in Retirement Accounts (LIRAs). |
| 4. Employer-sponsored
Registered Pension Plans (EPPs). These plans were valued on a termination
basis. Only plan membership to the time of the survey was considered. Interest
rates are assumed based on current market rates. |
| 5. Includes such
things as Deferred Profit Sharing Plans (DPSPs) and annuities. |
| 6. 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. |
| 7. The value of
the contents of the respondent's principal residence, valuables and collectibles,
copyrights and patents, etc. |
| 8. 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. |
| Last modified: 2004-08-25. |
To learn more about the results of this survey, see The assets and debts of Canadians: Focus on private pension savings as well as Survey of Financial Security: Methodology for estimating the value of employer pension plan benefits.
For more information on the concepts, methods and quality of the data contained in this table, consult the Statistical data documentation.
|
