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Table 7 Results of linear model for net worth

Standard table symbols

  Estimated coefficient ($)
Intercept 59,400
Student loans (ref. loans with postsecondary education)
No loan with postsecondary education 39,200*
No loan without postsecondary education 13,200
Loan without postsecondary education -21,400
Centred at 25 3,000*
Centred square 1,100
Women (ref. men) -19,300*
Marital status (ref. married)
Separated, divorced, widowed F
Single, never married -43,800*
* significantly different from the reference group (ref.) at the 0.05 level.
Note: Other variables included in the model but not reported as they are not statistically significant include province of residence, area size of residence, mother tongue, activity limitation, major activity, and occupation. Sample size is 532 observations representing over 1.8 million individuals age 20 to 29 in 2005. Total assets, debts, and net worth are related to the family unit where the major income earner in the family was between the ages of 20 and 29 in 2005.
Source: Statistics Canada, Survey of Financial Security, 2005.