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Table 6 Average wealth components |
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---|---|---|---|---|
1984 |
1999 |
2005 |
1984-2005 |
|
Bottom fifth |
2005 $ |
Change |
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Assets | ||||
Non-RRSP deposits | 750 | 630 | 640 | -110 |
Non-RRSP investments | 130 | 140 | 160 | 30 |
RRSPs/LIRAs | 90 | 730 | 810 | 720 |
Other financial | 120 | 150 | 10 | -110 |
Principal residence | 1,850 | 4,650 | 6,380 | 4,520 |
Other real estate | 340 | 800 | 740 | 400 |
Vehicles | 1,970 | 2,010 | 2,550 | 580 |
Business equity | 580 | -370 | 770 | 190 |
Debts | ||||
Mortgage on principal residence | 1,460 | 4,220 | 5,700 | 4,240 |
Other debt | 7,270 | 10,440 | 14,110 | 6,850 |
Net worth | -2,890 | -5,920 | -7,760 | -4,860 |
Middle fifth | ||||
Assets | ||||
Non-RRSP deposits | 9,940 | 7,690 | 8,780 | -1,160 |
Non-RRSP investments | 2,680 | 2,550 | 2,510 | -170 |
RRSPs/LIRAs | 2,510 | 13,020 | 12,070 | 9,560 |
Other financial | 1,210 | 1,440 | 20 | -1,190 |
Principal residence | 67,040 | 92,630 | 115,220 | 48,180 |
Other real estate | 8,330 | 7,490 | 8,660 | 330 |
Vehicles | 9,160 | 10,960 | 12,210 | 3,040 |
Business equity | 2,700 | 1,970 | 2,380 | -330 |
Debts | ||||
Mortgage on principal residence | 26,870 | 49,190 | 57,380 | 30,500 |
Other debt | 8,680 | 12,460 | 17,420 | 8,740 |
Net worth | 68,020 | 76,100 | 87,050 | 19,030 |
Top fifth | ||||
Assets | ||||
Non-RRSP deposits | 50,800 | 48,370 | 59,090 | 8,290 |
Non-RRSP investments | 34,610 | 98,160 | 96,790 | 62,180 |
RRSPs/LIRAs | 22,980 | 115,030 | 126,980 | 104,000 |
Other financial | 17,170 | 19,230 | 1,840 | -15,340 |
Principal residence | 175,450 | 249,430 | 353,920 | 178,460 |
Other real estate | 60,740 | 83,520 | 153,160 | 92,420 |
Vehicles | 18,390 | 24,480 | 26,930 | 8,540 |
Business equity | 171,720 | 157,800 | 207,020 | 35,300 |
Debts | ||||
Mortgage on principal residence | 15,760 | 28,570 | 39,550 | 23,790 |
Other debt | 21,470 | 26,430 | 41,600 | 20,140 |
Net worth | 514,650 | 741,010 | 944,590 | 429,940 |
Sources: Statistics Canada, Assets and Debts Survey, 1984; |
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Survey of Financial Security, 1999 and 2005 |