Average savings per household in Canada Q1 2020-Q4 2020
During the year 2020, household average net savings in Canada peaked in the second quarter at 5,813 Canadian dollars. As of the fourth quarter of 2020, the quarterly net savings per household in Canada amounted to 3,096 Canadian dollars. The amount of savings reached unprecedented highs during 2020 due to the COVID-19 pandemic and the consequent measures introduced by governments to tackle the outbreak.
