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1. • 3.7%

     • The household saving rate was 3.7% in 2023, down slightly from 4.0% in 2022.
     www150.statcan.gc.ca/n1/daily-quotidien/241107/dq241107a-eng.htm

     The Daily — Provincial and territorial economic accounts, 2023

2. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Provincial and territorial economic accounts, 2023

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   Nov 7, 2024 · Household saving rate slows alongside increased debt service burden The household saving rate was 3.7% in 2023, down slightly from 4.0% in 2022. The three territories posted the highest household saving rates in 2023, with Nunavut at 31.7%, Yukon at 23.9% and the Northwest Territories at 16.9%.

3. www150.statcan.gc.ca › n1 › daily-quotidienGross domestic product, income and expenditure, fourth ...

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   Feb 29, 2024 · The household saving rate was 5.5% in 2023, well above that observed before the pandemic. Household property income payments, comprised of mortgage and non-mortgage interest expenses, rose 1.6% in the fourth quarter, the slowest pace since the first quarter of 2022, when the Bank of Canada's series of policy rate increases began.

4. www150.statcan.gc.ca › n1 › daily-quotidienHousehold saving rate, 2021, 2022 and 2023 - Statistics Canada

   www150.statcan.gc.ca › n1 › daily-quotidien

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   Nov 7, 2024 · Chart 2 Household saving rate, 2021, 2022 and 2023. Back to main article. Skip interactive chart, go to accessible chart description

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6. tradingeconomics.com › canada › personal-savingsCanada Household Saving Rate - TRADING ECONOMICS

   tradingeconomics.com › canada › personal-savings

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   Household Saving Rate in Canada increased to 6.90 percent in the first quarter of 2024 from 6.20 percent in the fourth quarter of 2023. This page provides - Canada Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

7. www.statcan.gc.ca › en › subjects-startIncome, pensions, spending and wealth Statistics

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   Explore sub-provincial income data with our T1 Family File (T1FF) interactive data visualization tools: Income of men and women. Sources of family income by family type.

8. ycharts.com › indicators › canada_households_saving_rateCanada Households Saving Rate (I:CHSRAQ) - YCharts

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   Jun 30, 2023 · Canada Households Saving Rate is at 7.20%, compared to 6.70% last quarter and 4.90% last year. This is higher than the long term average of 7.13%.

9. People also ask

   What was the household saving rate in 2023?

   • The household saving rate was 3.7% in 2023, down slightly from 4.0% in 2022. The three territories posted the highest household saving rates in 2023, with Nunavut at 31.7%, Yukon at 23.9% and the Northwest Territories at 16.9%.

   The Daily — Provincial and territorial economic accounts, 2023

   www150.statcan.gc.ca/n1/daily-quotidien/241107/dq241107a-eng.htm

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   Which provinces have the highest household saving rates in 2023?

   • The three territories posted the highest household saving rates in 2023, with Nunavut at 31.7%, Yukon at 23.9% and the Northwest Territories at 16.9%. However, three provinces, Quebec, Ontario and Alberta, accounted for a combined share of over 90% of Canadian households' net saving.

   The Daily — Provincial and territorial economic accounts, 2023

   www150.statcan.gc.ca/n1/daily-quotidien/241107/dq241107a-eng.htm

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   How did the economy perform in 2023?

   • For the year 2023, prices of household final consumption expenditure, excluding food and energy, were up 3.7%; however, this was a deceleration compared with a 4.1% increase in 2022. Compensation of employees rose 0.8% in the fourth quarter of 2023, the slowest growth rate since the second quarter of 2020.

   Gross domestic product, income and expenditure, fourth quarter 2023

   www150.statcan.gc.ca/n1/daily-quotidien/240229/dq240229a-eng.htm

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   Where did population and household spending fall in 2023?

   • The Northwest Territories was the only jurisdiction where both population and household spending fell in 2023. General government final consumption expenditure on goods and services rose 2.2% in 2023, following a 3.2% increase the previous year.

   The Daily — Provincial and territorial economic accounts, 2023

   www150.statcan.gc.ca/n1/daily-quotidien/241107/dq241107a-eng.htm

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   How did the housing market perform in 2023?

   • Growth in household spending slowed to 1.7% in 2023 from 5.1% the previous year, boosted by increased spending on new trucks, vans and utility vehicles. Housing investment was down 0.4% in the fourth quarter, a sixth decline in the last seven quarters.

   Gross domestic product, income and expenditure, fourth quarter 2023

   www150.statcan.gc.ca/n1/daily-quotidien/240229/dq240229a-eng.htm

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   What is Canada households saving rate?

   • View and export this data back to 1981. Upgrade now. Canada Households Saving Rate is at 7.20%, compared to 6.70% last quarter and 4.90% last year. This is higher than the long term average of 7.13%. In depth view into Canada Households Saving Rate including historical data from 1981 to 2024, charts and stats.

   Canada Households Saving Rate (I:CHSRAQ) - YCharts

   ycharts.com/indicators/canada_households_saving_rate

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10. www.statcan.gc.ca › en › subjects-startEconomic Accounts Statistics - Statistique Canada

    www.statcan.gc.ca › en › subjects-start

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    Economic Accounts. Sign up to My StatCan to get updates in real-time. Bringing together data, tools and reports to provide you with the latest information on economic accounts.