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Q: Personal Financial Net worth ( Answered,   0 Comments )
Question  
Subject: Personal Financial Net worth
Category: Business and Money > Finance
Asked by: fresagrand-ga
List Price: $25.00
Posted: 20 Oct 2005 12:36 PDT
Expires: 19 Nov 2005 11:36 PST
Question ID: 582719
what is the the average net worth of Canadians either on a household
or individual basis and what is the average for these age brackets:
under 25, 26-35, 36-45, 46-55,56-65,66-75 over 75.

Request for Question Clarification by bobbie7-ga on 20 Oct 2005 16:26 PDT
Fresagrand,

Please let me know if this document answers your question.

Consumer Trends Report
Chapter 8: Consumer Net Worth
See figure 8.8 Net worth by age group
http://strategis.ic.gc.ca/epic/internet/inoca-bc.nsf/en/ca02114e.html

--Bobbie7

Clarification of Question by fresagrand-ga on 21 Oct 2005 09:22 PDT
This document is only partially helpful as it is outdated. Can you
find more recent date from 2003 or later from perhaps private
studies/sources. Thanks for asking for my clarification.

Request for Question Clarification by bobbie7-ga on 21 Oct 2005 14:35 PDT
Hello again,

Statistics Canada released the publication titled ?The Assets and
Debts of Canadians? in March 2001. This contains statistics from 1999
and 1984.  More recent information has not been released.
http://www.statcan.ca/english/freepub/13-595-XIE/9900113-595-XIE.pdf
 
The only other information I was able to locate is national net worth
per capita for the 4th quarter 2004.

Would this figure be helpful?

Thanks,
Bobbie7

Clarification of Question by fresagrand-ga on 04 Nov 2005 12:15 PST
Yes 2004 data would be very helpful. Sorry for the delay in getting back to you.
Answer  
Subject: Re: Personal Financial Net worth
Answered By: bobbie7-ga on 04 Nov 2005 12:27 PST
 
Hello again Fresagrand,

Thank you for getting back to me.

The National net worth per capita Fourth quarter 2004 was $132.500

 
Third quarter 2003      123,700    
Fourth quarter 2003     125,900 
First quarter 2004      127,700 
Second quarter 2004     130,900 
Third quarter 2004      130,900 
Fourth quarter 2004     132,500

Statistics Canada
http://www.statcan.ca/english/freepub/13-010-XIE/2004004/nbs2004004.htm

National net worth per capita stands at $132,500.
Data Source: Statistics Canada
Infoline Issue: 05-11
March 18, 2005
http://www.bcstats.gov.bc.ca/releases/info2005/in0511.pdf


I am reposting below the previous material provided for your convenience.


Consumer Trends Report
Chapter 8: Consumer Net Worth
See figure 8.8 Net worth by age group
http://strategis.ic.gc.ca/epic/internet/inoca-bc.nsf/en/ca02114e.html


Statistics Canada released the publication titled ?The Assets and
Debts of Canadians? in March 2001. This contains statistics from 1999
and 1984.  More recent information has not been released.
http://www.statcan.ca/english/freepub/13-595-XIE/9900113-595-XIE.pdf


I hope the information provided is helpful!

Best regards,
Bobbie7
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