Table 1
Percentage of persons who are asset resilient by family type and age group, Canada,1 2019
Enough liquid assets to cover the after-tax low income measure (LIM-AT)2 for at least three months | Enough liquid assets to cover household after-tax income3 for at least three months | |
---|---|---|
% | % | |
Persons in all family types | 67.1 | 58.1 |
Persons in an economic family4 | 68.1 | 57.8 |
Persons in a couple-only family5 | 79.2 | 71.8 |
Persons in a couple with children family6 | 65.3 | 54.2 |
Persons in a lone-parent family7 | 41.3 | 34.7 |
Persons in an other economic family type | 68.7 | 56.0 |
Persons not in an economic family | 62.1 | 59.7 |
Persons all ages | 67.1 | 58.1 |
Persons under 18 years old | 59.1 | 48.2 |
Persons 18 to 64 years old | 67.3 | 57.5 |
Persons 65 years and older | 75.6 | 71.4 |
Source(s):
Table 11-10-0082-01.
Table note 1
Includes the 10 provinces and excludes the 3 territories.
Table note 2
Low income measures (LIMs), are relative measures of low income, set at 50% of adjusted median household income. These measures are categorized according to the number of persons present in the household, reflecting the economies of scale inherent in household size.
Table note 3
After-tax household income excludes income from capital gains.
Table note 4
Economic family types are composed of 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 persons not in an economic family (a person living either alone or with others to whom he or she is unrelated).
Table note 5
Couples include legally married, common-law and same-sex relationships.
Table note 6
Couples living with a child or children (by birth, adopted, step, or foster) under age 18. Children aged 18 and older are considered to be "other relatives." Other relatives may also be in the family.
Table note 7
One parent, who is the major income recipient, living with at least one child under age 18. Other relatives may also be in the family. Families where the parent is 65 years and older are excluded.
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