The saving rate of Canadian households increased considerably during the start of the COVID-19 pandemic in 2020. As of the second quarter of 2020, the saving rate of households in Canada peaked at 26.5 percent. By the second quarter of quarter of 2022, Canadian households saved on average 6.2 percent of their disposable income.
Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022
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Statistics
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StatCan. (November 22, 2022). Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022 [Graph]. In Statista. Retrieved June 07, 2023, from https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/
StatCan. "Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022." Chart. November 22, 2022. Statista. Accessed June 07, 2023. https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/
StatCan. (2022). Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022. Statista. Statista Inc.. Accessed: June 07, 2023. https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/
StatCan. "Quarterly Household Saving Rate in Canada from 1st Quarter 2019 to 3rd Quarter 2022." Statista, Statista Inc., 22 Nov 2022, https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/
StatCan, Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022 Statista, https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/ (last visited June 07, 2023)
Quarterly household saving rate in Canada from 1st quarter 2019 to 3rd quarter 2022 [Graph], StatCan, November 22, 2022. [Online]. Available: https://www.statista.com/statistics/1220347/quarterly-household-savings-rate-canada/