Quarterly household savings in Canada Q1 2020-Q3 2022
Total household net savings in Canada fluctuated considerably during the coronavirus (COVID-19) pandemic. As of the second quarter of 2020, the net savings of Canadian households peaked at a value of 410 billion Canadian dollars. In the last quarter of 2020, total household net savings in Canada amounted to 159 billion Canadian dollars approximately. Generally, the amount of savings reached unprecedented highs worldwide during 2020 due to the COVID-19 pandemic and the consequent measures introduced by governments to tackle the outbreak.
