1. Objectifs

Intentions :
«The article examines financial conditions among Canadian households, focusing on recent trends related to indebtedness and net worth.» (p. 6)

2. Méthode

Échantillon/Matériau :
Les auteur∙es utilisent diverses données statistiques sur l’endettement et la richesse des ménages canadiens. Ils se basent particulièrement surmobilisent entre autres les résultats de l’Enquête sur la sécurité financière (ESF/SFS) de 2016 réalisée par Statistique Canada.

Instruments :
Questionnaire

Type de traitement des données :
Analyse statistique

3. Résumé

«Data from the SFS highlight the extent to which leverage and wealth vary across major urban centres. […] The SFS data also highlight differences across the family income distribution in each of these cities.» (p. 7) More specifically, results show that the «contribution of housing to real asset growth is more pronounced in Toronto and Vancouver. In these cities, principal residences accounted for over 50% of real asset growth during this period. By contrast, principal residences in Montreal accounted for 32% of the total increase in family-held assets. […] While families in Montreal are less indebted than those in Toronto and Vancouver, they also have lower levels of median wealth. In 2016, families in Montreal carried 154% of debt relative to the income levels. At the same time, median wealth […] in Montreal was $170,000, about 60% below levels in Vancouver […].» (p. 5) Moreover, «[l]ow income families in Montreal have significantly lower levels of indebtedness. At 105%, the debt to income ratio for Montreal families in the lowest income quintile is about four times less than in Toronto or Vancouver. […] These data also highlight substantial differences in wealth at the top end of the income distribution. The median net wealth of top-quintile families in Vancouver, at $1,695,000, is 43% higher than among top-earning families in Toronto, and twice as high as top-income families in Montreal.» (p. 6)