Table 2 Average and median wealth measures – self-employed versus paid employees, age 25 to 59

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Table 2
Average and median wealth measures – self-employed versus paid employees, age 25 to 59
  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.