Table 1
Registered education savings plan holdings of economic families with children

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Table 1
Registered education savings plan holdings of economic families with children
Table summary
This table displays the results of Registered education savings plan holdings of economic families with children 1999, 2012, Have an RESP and Mean value of RESPs (including non-holders), calculated using proportion and $ 2012 constant units of measure (appearing as column headers).
  1999 2012
Have an RESP Mean value of RESPs (including non-holders) Have an RESP Mean value of RESPs (including non-holders)
proportion 2012 constant dollars proportion 2012 constant dollars
Overall 0.159 1,325 0.467 6,878
After-tax income quintile  
Bottom 0.098 746 0.253 2,072
Second 0.134 888 0.360 3,676
Third 0.177 1,271 0.460 5,162
Fourth 0.226 2,404 0.585 7,535
Top 0.318 3,134 0.679 15,915
Net worth (less RESPs) quintile  
Bottom 0.066 397 0.195 831
Second 0.139 668 0.341 2,061
Third 0.160 1,136 0.455 3,972
Fourth 0.238 2,285 0.613 8,755
Top 0.327 4,879 0.732 18,752
Highest parental education  
No high school diploma 0.048 214 0.120 389
High school diploma 0.117 660 0.213 3,398
Non-university postsecondary certificate 0.141 1,181 0.403 4,574
Bachelor's degree 0.246 2,089 0.620 8,551
Above a bachelor's degree 0.299 3,032 0.688 14,266
Age of oldest parent  
Under 30 years old 0.098 220 0.254 778
30 to 34 years 0.170 699 0.378 2,512
35 to 39 years 0.157 1,231 0.493 5,341
40 to 44 years 0.156 1,344 0.522 6,716
45 to 49 years 0.184 2,214 0.495 8,754
50 to 54 years 0.176 2,330 0.507 14,287
55 years old or over 0.163 1,320 0.464 10,326
Married or common-law couple 0.178 1,489 0.510 7,658
Lone parent 0.066 523 0.245 2,763
One child 0.139 926 0.426 5,069
Two children 0.183 1,568 0.506 8,126
Three or more children 0.152 1,711 0.477 8,326
Age of youngest child  
0 to 4 years 0.187 897 0.479 4,059
5 to 9 years 0.163 1,917 0.490 7,846
10 to 14 years 0.151 1,550 0.460 8,274
15 to 17 years 0.092 969 0.416 10,658
Age of oldest child  
0 to 4 years 0.201 679 0.453 1,919
5 to 9 years 0.178 1,880 0.547 7,701
10 to 14 years 0.162 1,315 0.458 7,428
15 to 17 years 0.110 1,325 0.430 9,614
Atlantic provinces 0.163 1,302 0.462 5,360
Quebec 0.110 622 0.362 3,881
Ontario 0.183 1,579 0.502 8,800
Prairie provinces 0.164 1,842 0.493 7,190
British Columbia 0.175 1,240 0.516 6,637
Urban 0.165 1,374 0.483 7,296
Rural 0.137 1,133 0.379 4,519
Notes: The sample sizes are 5,218 for 1999 and 3,027 for 2012. RESP: registered education savings plan. All variables are measured at the economic family level. Net worth and after-tax income are measured in equivalent dollars, obtained by dividing by the square root of the number of individuals in the economic family. Quintile thresholds from 2012 are applied to both years.
Sources: Statistics Canada, 1999 and 2012 Survey of Financial Security.
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