Economic well-being across generations of young Canadians : are millennials better or worse off? / by Andrew Heisz and Elizabeth Richards, Income Statistics Division and Analytical Studies Branch, Statistics... : CS11-626/2019-92E-PDF

"This article in the Economic Insights series examines economic well-being of millennials by comparing their household balance sheets to those of previous generations of young Canadians. Measured at the same point in their life course, millennials were relatively better off than young Gen-Xers in terms of net worth, but also had higher debt levels. Higher values for principal residences and mortgage debt mainly explain these patterns. Financial outcomes varied considerably among millennial households. Home ownership, living in Toronto or Vancouver, and having a higher education were three factors associated with higher net worth"--Page 1.

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.871817&sl=1

Renseignements sur la publication
Ministère/Organisme Statistics Canada, issuing body.
Titre Economic well-being across generations of young Canadians : are millennials better or worse off? / by Andrew Heisz and Elizabeth Richards, Income Statistics Division and Analytical Studies Branch, Statistics Canada.
Titre de la série Economic insights, 1927-503X ; no. 092
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Autres langues publiées [Français]
Format Électronique
Document électronique
Note(s) Issued also in French under title: Bien-être économique des générations de jeunes Canadiens : les milléniaux sont-ils en meilleure ou en moins bonne situation que les autres?
"Catalogue no. 11-626-X - 2019006 - No. 092."
"Release date: April 18, 2019."
Issued also in HTML format.
Includes bibliographical references.
Information sur la publication [Ottawa] : Statistics Canada = Statistique Canada, 2019.
©2019
Auteur / Contributeur Heisz, Andrew, author.
Description 1 online resource (6 pages) : colour illustrations.
Numéro de catalogue
  • CS11-626/2019-92E-PDF
Numéro de catalogue du ministère 11-626-X
Descripteurs Generation Y -- Canada -- Economic conditions -- Statistics.
Generation X -- Canada -- Economic conditions -- Statistics.
Baby boom generation -- Canada -- Economic conditions -- Statistics.
Income -- Canada -- Statistics.
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