HOME RATES ABOUT SERVICES VIDEO BLOG CONTACT ME TEAM
AGENT LICENSE ID
M16001018
BROKERAGE LICENSE ID
12811
Janelle Brooks Mortgage Agent

Janelle Brooks

Mortgage Agent


Phone:
Address:
4030 Sheppard Ave, Lower Level, Scarborough, Ontario, M1S 1S6

BROWSE

PARTNERS

COMPLETE

THE SURVEY

REFER

A FRIEND

Two-thirds of Canadians were asset resilient in the year prior to the pandemic

5/10/2021

Just over two-thirds (67.1%) of Canadians were asset resilient for at least three months in 2019, up from 63.6% in 1999.

Over these two decades, several factors contributed to the overall rate of asset resilience. For one thing, Canadians held more liquid assets at the end of the period. Median person-adjusted household liquid assets rose from $6,300 in 1999 to $10,700 in 2019. Canadians were also slightly older, on average—the median age of Canadians increased from 36.4 years to 40.8 years. Family income has also been rising since 1999, and asset resilience is associated with higher income. The median person-adjusted, household after-tax income of Canadians increased by one-third (+34.9%), rising from $37,300 in 1999 to $50,300 in 2019, while the share of Canadians below the LIM-AT edged down from 12.4% to 12.1%.

source: https://www150.statcan.gc.ca/n1/daily-quotidien/210504/dq210504e-eng.htm

MY LENDERS

Scotia Bank TD Bank First National EQ Bank MCAP Merix
Home Trust CMLS Manulife RFA B2B Bank Community Trust
Lifecycle Mortgage ICICI Bank Radius Financial HomeEquity Bank CMI Bridgewater
Sequence Capital Wealth One Fisgard Capital Bloom Financial NationalBank