Households net savings in Canada increased by ten in 2020 compared to the previous year. Although these figures decreased significantly in 2021, savings are still relatively high. The reason for that increase was the COVID-19 pandemic, which restricted consumption due to the measures applied to contain the spread of the virus.
Total value of households net savings in Canada from 2000 to 2021
(in billion Canadian dollars)
Characteristic
Net savings in billion Canadian dollars
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StatCan. (April 6, 2022). Total value of households net savings in Canada from 2000 to 2021 (in billion Canadian dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1219732/household-net-savings-canada/
StatCan. "Total value of households net savings in Canada from 2000 to 2021 (in billion Canadian dollars)." Chart. April 6, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1219732/household-net-savings-canada/
StatCan. (2022). Total value of households net savings in Canada from 2000 to 2021 (in billion Canadian dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1219732/household-net-savings-canada/
StatCan. "Total Value of Households Net Savings in Canada from 2000 to 2021 (in Billion Canadian Dollars)." Statista, Statista Inc., 6 Apr 2022, https://www.statista.com/statistics/1219732/household-net-savings-canada/
StatCan, Total value of households net savings in Canada from 2000 to 2021 (in billion Canadian dollars) Statista, https://www.statista.com/statistics/1219732/household-net-savings-canada/ (last visited July 22, 2024)
Total value of households net savings in Canada from 2000 to 2021 (in billion Canadian dollars) [Graph], StatCan, April 6, 2022. [Online]. Available: https://www.statista.com/statistics/1219732/household-net-savings-canada/