{"id":51231,"date":"2015-06-04T00:48:36","date_gmt":"2015-06-03T16:48:36","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=51231"},"modified":"2015-06-04T00:48:36","modified_gmt":"2015-06-03T16:48:36","slug":"average-net-worth-of-canadian-families-up-73-between-1999-and-2012","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/06\/04\/average-net-worth-of-canadian-families-up-73-between-1999-and-2012\/","title":{"rendered":"Average net worth of Canadian families up 73% between 1999 and 2012"},"content":{"rendered":"<figure id=\"attachment_51232\" aria-describedby=\"caption-attachment-51232\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/06\/shutterstock_30947455.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-51232\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/06\/shutterstock_30947455.jpg\" alt=\"shutterstock\" width=\"1000\" height=\"667\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/06\/shutterstock_30947455.jpg 1000w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/06\/shutterstock_30947455-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/06\/shutterstock_30947455-900x600.jpg 900w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption id=\"caption-attachment-51232\" class=\"wp-caption-text\">shutterstock<\/figcaption><\/figure>\n<p>OTTAWA &#8212; Statistics Canada says the average net worth of Canadian families rose 73 per cent between 1999 and 2012 after adjusting for inflation.<\/p>\n<p>The federal agency says average net worth increased to $554,100 from $319,800 over the period with higher-income families outpacing the average.<\/p>\n<p>The top 20 per cent of families by income saw their average net worth rise 80 per cent between 1999 and 2012, climbing from $721,900 to $1,300,100.<\/p>\n<p>However, the bottom 20 per cent of families by income saw their average net worth rise by 38 per cent from $79,500 to $109,300 over the same period.<\/p>\n<p>The total net worth of Canadian families increased by $4.17 trillion due to a $4.92 trillion increase in assets, offset by a $750 billion increase in debt.<\/p>\n<p>Half of the increase in assets was due to real estate, while the other half was due to other types of assets, including employer pension plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OTTAWA &#8212; Statistics Canada says the average net worth of Canadian families rose 73 per cent between 1999 and 2012 &hellip;<\/p>\n","protected":false},"author":44,"featured_media":51232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19,18],"tags":[],"class_list":["post-51231","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","category-news-ca","mauthors-the-canadian-press1"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/51231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=51231"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/51231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/51232"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=51231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=51231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=51231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}