Retirement-related highlights from the 2009 Canadian Financial Capability Survey : Faits saillants de l'Enquête canadienne sur les capacités financières de 2009 dans le domaine de la retraite

The research paper series is meant to stimulate discussion on a range of topics, including the impact of the New Economy, productivity issues, firm profitability, technology usage, the effect of financing on firm growth, depreciation functions, the use of satellite accounts, savings rates, leasing, firm dynamics, hedonic estimations, diversification patterns, investment patterns, the differences i [...] The level of uncertainty will depend on several factors: the nature of the functional form used in the multivariate analysis; the type of econometric technique employed; the appropriateness of the statistical assumptions embedded in the model or technique; the comprehensiveness of the variables included in the analysis; and the accuracy of the data that are utilized. [...] The deterioration of labour market and financial outcomes of recent immigrants in Canada has been well-documented over the last decade, and CFCS results are consistent with that body of research. [...] To provide further insight on what might account for the differences observed across socio- economic characteristics, results from a set of multivariate regression models are presented in Table 4. These results show the correlation between each specific characteristic in the model and the various financial assessments, while other characteristics in the model are held constant. [...] The regression results confirm the strength of the correlation between household income and financial assessments.