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  • 1. Shifts in spending patterns of older Canadians Archived
    Articles and reports: 75-001-X20051128982
    Geography: Canada
    Description:

    As households age and labour market attachment diminishes, income, savings and wealth generally become less. Households also become smaller as adult children leave or a spouse dies. And spending patterns change. Using 'similar' households, this study looks at changes in spending patterns for households headed by persons aged 55 or older in 1982 and 2003.

    Release date: 2005-12-20
  • 2. Spenders and savers Archived
    Articles and reports: 75-001-X200510313138
    Geography: Canada
    Description:

    The national savings rate has been oscillating around historic lows for several years, prompting concerns about the resilience of a macro-level economy increasingly reliant on debt-financed consumer spending. Many are also troubled by the balance sheets of households, where ever-expanding debt has rapidly outpaced earnings growth. The resulting record-high, debt-to-income ratios leave households more vulnerable to interruptions in income. This article examines changes in saving and spending patterns over 20 years, and differences in the characteristics and spending patterns of saving versus spending households.

    Release date: 2005-06-20
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  • 1. Shifts in spending patterns of older Canadians Archived
    Articles and reports: 75-001-X20051128982
    Geography: Canada
    Description:

    As households age and labour market attachment diminishes, income, savings and wealth generally become less. Households also become smaller as adult children leave or a spouse dies. And spending patterns change. Using 'similar' households, this study looks at changes in spending patterns for households headed by persons aged 55 or older in 1982 and 2003.

    Release date: 2005-12-20
  • 2. Spenders and savers Archived
    Articles and reports: 75-001-X200510313138
    Geography: Canada
    Description:

    The national savings rate has been oscillating around historic lows for several years, prompting concerns about the resilience of a macro-level economy increasingly reliant on debt-financed consumer spending. Many are also troubled by the balance sheets of households, where ever-expanding debt has rapidly outpaced earnings growth. The resulting record-high, debt-to-income ratios leave households more vulnerable to interruptions in income. This article examines changes in saving and spending patterns over 20 years, and differences in the characteristics and spending patterns of saving versus spending households.

    Release date: 2005-06-20
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