Table 2 Average and median wealth measures – self-employed versus paid employees, age 25 to 59
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Paid employees | Self-employed | |
---|---|---|
'000 ($) | ||
Tangible assets | 317.3 | 589.4* |
Financial assets | 122.5 | 217.8* |
Registered Retirement Savings Plan (RRSP) | 56.0 | 93.6* |
Registered Education Savings Plans (RESP) | 3.5 | 5.0* |
Other | 63.0 | 119.2* |
Business assets | 44.2 | 373.0* |
Average total assets | 484.0 | 1,180.3* |
Average total debts and liabilities | 109.2 | 156.6* |
Average total net worth | 374.8 | 1,023.7* |
Median net worth | 195.0 | 520.0* |
* significantly different at the 5% level Note: Income figures are rounded to the nearest 100. Source: Statistics Canada, Canadian Financial Capability Survey, 2009. |
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