Survey of Financial Security, 2023 [Canada]

Information was collected on the value of all major financial and non-financial assets and on the money owing on mortgages, vehicles, credit cards, student loans and other debts. The value of these assets less the debts is referred to as net worth.

The results from the survey provide policymakers and academics to learn more about highly-indebted Canadians, the financial well-being of seniors, the prevalence of wealth inequality and the impact of these issues on our society. It also provides the public and non-government organizations with the opportunity to undertake their own research on wealth dynamics in Canada and keep governments accountable for their actions taken to help Canadians improve their financial well-being.