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- Survey of Household Spending (3)
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All (12)
All (12) (0 to 10 of 12 results)
- 1. Household Spending on Education ArchivedStats in brief: 81-599-X2009001Description:
This fact sheet provides an overview of household spending related to education between 1997 and 2007. The text and accompanying charts summarize data at the Canadian and provincial levels from the Survey of Household Spending.
Release date: 2009-05-01 - Articles and reports: 36-28-0001202200900001Description:
Registered Education Savings Plans (RESPs) are an important vehicle to help families save for postsecondary education. However, large differences in RESP savings persist between families of different income levels, despite targeted incentives aimed at encouraging low- and middle-income families to open RESP accounts and contribute to them. This article documents the differences in RESP contributions between families with different levels of income and liquid wealth.
Release date: 2022-09-28 - Articles and reports: 11F0019M2020012Description:
The Government of Canada offers various financial incentives for parents to save for their children’s postsecondary education by contributing to a Registered Education Savings Plan (RESP). However, RESP participation rates tend to rise substantially with family income, and previous research has demonstrated that family wealth was the single most important reason for this trend (among factors that could be examined). This study explores whether differences in parental literacy, numeracy and financial literacy can further account for some of the gap in RESP participation by level of family income.
Release date: 2020-07-06 - Journals and periodicals: 81-599-XGeography: CanadaDescription: The fact sheets in this series provide an "at-a-glance" overview of particular aspects of education in Canada and summarize key data trends in selected tables published as part of the Pan-Canadian Education Indicators Program (PCEIP).
The PCEIP mission is to publish a set of statistical measures on education systems in Canada for policy makers, practitioners and the general public to monitor the performance of education systems across jurisdictions and over time. PCEIP is a joint venture of Statistics Canada and the Council of Ministers of Education, Canada (CMEC).
Release date: 2023-06-21 - 5. Study: Youth postsecondary attendance by parental income and province of residence 2001 to 2014 ArchivedStats in brief: 11-001-X201710015961Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2017-04-10
- Articles and reports: 81-004-X201100111432Description:
The value of education and the benefits that flow from it are substantial for many Canadian families. Previous research has found that Canadian parents are strongly committed to their children's postsecondary education. However, many parents of children under the age of 18 are confronted with a number of competing savings priorities. Based on data from the 2009 Canadian Financial Capability Survey (CFCS), this article examines who saves for postsecondary education and how they do so.
Release date: 2011-05-19 - 7. Saving for postsecondary education ArchivedArticles and reports: 75-001-X200410713123Geography: CanadaDescription:
This study looks at the decision of parents to save, and amounts saved, for the future education of children aged under 19 years in 2002. A model is used to estimate cumulative parental savings, taking into consideration characteristics of the family and the child, aspirations and involvement of parents, awareness of saving incentive programs, and expectations about grant programs.
Release date: 2004-09-21 - 8. Back to school : September 2008 ArchivedArticles and reports: 81-004-X200800310682Description:
Tens of thousands of students, from kindergarten to college and university, have gone back to school. In honour of this annual ritual, this issue of Education Matters presents a few facts and figures relating to education, from enrolment trends and household spending on education to educational attainment levels among the Aboriginal population and recent immigrants, and more.
Release date: 2008-09-04 - 9. Spending on Postsecondary Education ArchivedStats in brief: 81-599-X2011007Description:
This fact sheet offers brief outlines of spending on postsecondary education, based on data from three Statistics Canada data sources: the Survey of Household Spending (SHS); the Tuition and Living Accommodation Costs for Full-time Students at Canadian Degree-granting Institutions (TLAC) survey; and the Financial Information of Universities and Colleges (FIUC) survey. Information on household spending on postsecondary tuition, on university tuition fees paid by students, and on student fees as a proportion of university revenues is presented for Canada and the provinces.
Release date: 2011-06-21 - Articles and reports: 11-626-X2017071Description:
This Economic Insights article documents the characteristics of families with children under the age of 18 who hold registered education savings plan (RESP) investments. The article also examines the relationship between holding an RESP account at age 15 and postsecondary enrolment between the ages of 19 and 27. The data are drawn from the 1999 and 2012 Survey of Financial Security and from the Youth in Transition Survey, Cohort A, linked to the T1 Family File. Postsecondary enrolment is derived from education deductions and tuition credits in the tax data.
Release date: 2017-04-12
Stats in brief (3)
Stats in brief (3) ((3 results))
- 1. Household Spending on Education ArchivedStats in brief: 81-599-X2009001Description:
This fact sheet provides an overview of household spending related to education between 1997 and 2007. The text and accompanying charts summarize data at the Canadian and provincial levels from the Survey of Household Spending.
Release date: 2009-05-01 - 2. Study: Youth postsecondary attendance by parental income and province of residence 2001 to 2014 ArchivedStats in brief: 11-001-X201710015961Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2017-04-10
- 3. Spending on Postsecondary Education ArchivedStats in brief: 81-599-X2011007Description:
This fact sheet offers brief outlines of spending on postsecondary education, based on data from three Statistics Canada data sources: the Survey of Household Spending (SHS); the Tuition and Living Accommodation Costs for Full-time Students at Canadian Degree-granting Institutions (TLAC) survey; and the Financial Information of Universities and Colleges (FIUC) survey. Information on household spending on postsecondary tuition, on university tuition fees paid by students, and on student fees as a proportion of university revenues is presented for Canada and the provinces.
Release date: 2011-06-21
Articles and reports (8)
Articles and reports (8) ((8 results))
- Articles and reports: 36-28-0001202200900001Description:
Registered Education Savings Plans (RESPs) are an important vehicle to help families save for postsecondary education. However, large differences in RESP savings persist between families of different income levels, despite targeted incentives aimed at encouraging low- and middle-income families to open RESP accounts and contribute to them. This article documents the differences in RESP contributions between families with different levels of income and liquid wealth.
Release date: 2022-09-28 - Articles and reports: 11F0019M2020012Description:
The Government of Canada offers various financial incentives for parents to save for their children’s postsecondary education by contributing to a Registered Education Savings Plan (RESP). However, RESP participation rates tend to rise substantially with family income, and previous research has demonstrated that family wealth was the single most important reason for this trend (among factors that could be examined). This study explores whether differences in parental literacy, numeracy and financial literacy can further account for some of the gap in RESP participation by level of family income.
Release date: 2020-07-06 - Articles and reports: 81-004-X201100111432Description:
The value of education and the benefits that flow from it are substantial for many Canadian families. Previous research has found that Canadian parents are strongly committed to their children's postsecondary education. However, many parents of children under the age of 18 are confronted with a number of competing savings priorities. Based on data from the 2009 Canadian Financial Capability Survey (CFCS), this article examines who saves for postsecondary education and how they do so.
Release date: 2011-05-19 - 4. Saving for postsecondary education ArchivedArticles and reports: 75-001-X200410713123Geography: CanadaDescription:
This study looks at the decision of parents to save, and amounts saved, for the future education of children aged under 19 years in 2002. A model is used to estimate cumulative parental savings, taking into consideration characteristics of the family and the child, aspirations and involvement of parents, awareness of saving incentive programs, and expectations about grant programs.
Release date: 2004-09-21 - 5. Back to school : September 2008 ArchivedArticles and reports: 81-004-X200800310682Description:
Tens of thousands of students, from kindergarten to college and university, have gone back to school. In honour of this annual ritual, this issue of Education Matters presents a few facts and figures relating to education, from enrolment trends and household spending on education to educational attainment levels among the Aboriginal population and recent immigrants, and more.
Release date: 2008-09-04 - Articles and reports: 11-626-X2017071Description:
This Economic Insights article documents the characteristics of families with children under the age of 18 who hold registered education savings plan (RESP) investments. The article also examines the relationship between holding an RESP account at age 15 and postsecondary enrolment between the ages of 19 and 27. The data are drawn from the 1999 and 2012 Survey of Financial Security and from the Youth in Transition Survey, Cohort A, linked to the T1 Family File. Postsecondary enrolment is derived from education deductions and tuition credits in the tax data.
Release date: 2017-04-12 - 7. Which Families Invest in Registered Education Savings Plans and Does It Matter for Postsecondary Enrolment? ArchivedArticles and reports: 11F0019M2017392Description:
The registered education savings plan (RESP) savings vehicle is designed to encourage parents of school-age children to save for their children’s postsecondary education through tax sheltered earnings on contributions, as well as through additional contributions from the federal government. No recent evidence exists on the characteristics of RESP holders, and little exists on the association between having an RESP and enrolling in postsecondary education.
This study makes three contributions to the literature. First, it documents differences in RESP holdings by family income and how these have evolved over time. Second, it decomposes these differences (particularly between the top and bottom quintiles of family income) into portions that are related to differences in key determinants of RESP participation (e.g., family wealth and parental education). And, third, it examines the relationship between having an RESP account and attending a postsecondary institution.
Release date: 2017-04-12 - Articles and reports: 11F0019M2017391Description:
This paper assesses the extent to which education affects how Canadians save and accumulate wealth for retirement. The paper makes three contributions. First, a descriptive analysis is presented of differences in savings and home values across individuals based on their levels of educational attainment. To this end, new datasets that link survey respondents from the 1991 and 2006 censuses of Canada to their administrative tax records are used. These data provide a unique opportunity to jointly observe education, savings, home values, and a plethora of other factors of relevance. Second, the causal effect of high school completion on savings rates in tax-preferred accounts is estimated, exploiting compulsory schooling reforms in the identification. Third, building on a recent study by Messacar (2015), education is also found to affect how individuals re-optimize their savings rates in response to an automatic change in pension wealth accumulation. The implications of this study’s findings for the “nudge paradigm” in behavioural economics are discussed.
Release date: 2017-03-27
Journals and periodicals (1)
Journals and periodicals (1) ((1 result))
- Journals and periodicals: 81-599-XGeography: CanadaDescription: The fact sheets in this series provide an "at-a-glance" overview of particular aspects of education in Canada and summarize key data trends in selected tables published as part of the Pan-Canadian Education Indicators Program (PCEIP).
The PCEIP mission is to publish a set of statistical measures on education systems in Canada for policy makers, practitioners and the general public to monitor the performance of education systems across jurisdictions and over time. PCEIP is a joint venture of Statistics Canada and the Council of Ministers of Education, Canada (CMEC).
Release date: 2023-06-21
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