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- Articles and reports: 75F0002M2021003Description:
Canada has faced profound economic and social impacts as a result of the COVID-19 pandemic. This report brings together diverse findings which illuminate changes in quality of life since March 2020, and provides value added by examining these results through a well-being lens. Specifically, the paper describes how selected aspects of well-being have been affected during the pandemic, focussing on income and wealth (financial well-being and resiliency), knowledge and skills (technology and children and youth schooling), work-life balance (child care and family bonds), health (mental health and persons with disabilities) and environmental quality (connecting with nature close to home).
Release date: 2021-04-15 - Articles and reports: 36-28-0001202100100003Description:
This Insights article examines changes in parental expectations—between before and after the beginning of the COVID-19 lockdown—that their children will pursue postsecondary education. The study looks at whether parental expectations of their children to attain further education and their plans for helping their children with the financial aspects of postsecondary education—through savings and other means—have changed since the arrival of COVID-19. The analysis is based on the Survey of Approaches to Educational Planning (SAEP), conducted between February 2 and June 20, 2020. The sample includes children aged 17 and younger who had not yet started any postsecondary education and whose parent or legal guardian responded to the survey.
Release date: 2021-01-27 - Articles and reports: 13-605-X202000100006Description:
This study of data from the Distributions of Household Economic Accounts compares households' economic well-being from a macro-economic accounts perspective, as measured by net saving and net worth for each generation when the major income earner for a household in one generation reached the same point in the life cycle as the major income earner for a household in another generation. The study finds that while younger generations have higher disposable income and higher consumption expenditure than older generations when they reached the same age, their net saving is relatively similar. As well, younger generations' economic well-being may be more at risk due to the COVID-19 pandemic since they depend more on employment as a primary source of income, they have higher debt relative to income, and they have less equity in financial and real estate assets from which to draw upon when needed.
Release date: 2020-12-10
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- Articles and reports: 75F0002M2021003Description:
Canada has faced profound economic and social impacts as a result of the COVID-19 pandemic. This report brings together diverse findings which illuminate changes in quality of life since March 2020, and provides value added by examining these results through a well-being lens. Specifically, the paper describes how selected aspects of well-being have been affected during the pandemic, focussing on income and wealth (financial well-being and resiliency), knowledge and skills (technology and children and youth schooling), work-life balance (child care and family bonds), health (mental health and persons with disabilities) and environmental quality (connecting with nature close to home).
Release date: 2021-04-15 - Articles and reports: 36-28-0001202100100003Description:
This Insights article examines changes in parental expectations—between before and after the beginning of the COVID-19 lockdown—that their children will pursue postsecondary education. The study looks at whether parental expectations of their children to attain further education and their plans for helping their children with the financial aspects of postsecondary education—through savings and other means—have changed since the arrival of COVID-19. The analysis is based on the Survey of Approaches to Educational Planning (SAEP), conducted between February 2 and June 20, 2020. The sample includes children aged 17 and younger who had not yet started any postsecondary education and whose parent or legal guardian responded to the survey.
Release date: 2021-01-27 - Articles and reports: 13-605-X202000100006Description:
This study of data from the Distributions of Household Economic Accounts compares households' economic well-being from a macro-economic accounts perspective, as measured by net saving and net worth for each generation when the major income earner for a household in one generation reached the same point in the life cycle as the major income earner for a household in another generation. The study finds that while younger generations have higher disposable income and higher consumption expenditure than older generations when they reached the same age, their net saving is relatively similar. As well, younger generations' economic well-being may be more at risk due to the COVID-19 pandemic since they depend more on employment as a primary source of income, they have higher debt relative to income, and they have less equity in financial and real estate assets from which to draw upon when needed.
Release date: 2020-12-10
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