Canada - Personal Income





Canada: Personal Income

Mnemonic YP.ICAN
Unit Mil. CAD, SAAR
Adjustments Seasonally Adjusted at Annual Rate
Quarterly 1.7 %
Data 2023 Q4 1,938,316
2023 Q3 1,905,928

Series Information

Source Statistics Canada
Release Household - Debt service indicators (CANSIM)
Frequency Quarterly
Start Date 3/31/1961
End Date 12/31/2023

Canada: Consumer

Reference Last Previous Units Frequency
Personal Income 2023 Q4 1,938,316 1,905,928 Mil. CAD, SAAR Quarterly
Real Retail Sales Dec 2023 58,328 57,865 Mil. Ch. 2017 CAD, SA Monthly
Retail Sales Dec 2022 62,122,558 61,788,075 Ths. CAD, SA Monthly
Consumer Confidence Jun 2022 97.83 98.57 Index Long term avg=100, SA Monthly

Release Information

Debt service indicators measure the amount of the income and debt for a household and the portion of disposable income that is used to pay interest on debt. The source provides information regarding debt, income, debt/debt interest paid, saving rate, debt service indicator, etc. broken down by paid/received, sector and type of loan. 

Debt service ratio - The proportion of disposable income devoted to servicing this debt

Data are seasonally adjusted annualized rates. 

Survey used to collect data is Quarterly Survey of Financial Statements conducted by the Industrial Organization and Finance Division of Statistics Canada

Personal disposable income - personal income less current transfers to government. Calculated as the sum of all incomes recieved by persons residing in Canada. 

The Canadian debt service ratio does not include repayment of principal.

The non-mortgage interest and mortgage interest uses a supply-side approach which looks at providers of credit to persons and unincorporated businesses. 

Revisions - Statistical revisions are carried out to incorporate the most recent information from quarterly and annual surveys, taxation statistics, public accounts, censuses, as well as from the annual benchmarking process of the supply and use tables.

Data are released within 60-75 days after the reference period. Estimates for each quarter are revised when those for subsequent quarters of the same year are published. At the time of the third quarter of each year, revisions are generally undertaken back three years. They are not normally revised again except when periodic comprehensive revisions are carried out to incorporate the latest international concepts, classifications and estimation methods.

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