Data Science (DSCI) 490 Capstone Research Guide

As of February 2024, the average price for a new vehicle in Canada was $66,979 and a used vehicle was $38,451.

The average cost of car ownership in 2024 - which includes gas, parking, insurance and maintenance - now totals $1,387 per month, or $16,644 annually, according to a recent report from Ratehub.ca, an online Canadian financial comparison platform.

For many Canadians owning a car is a necessity, but it's not getting any cheaper amid the surging cost of living and rising interest rates

Geography: Canada, Province or territory, Census metropolitan area, Census agglomeration, Census metropolitan area part, Census agglomeration part
Frequency: Annual
Description: Individuals; Tax filers and dependants by total income, sex and age groups (final T1 Family File; T1FF).

This article provides an overview of household balance sheets and key financial metrics for households whose primary earner is less than 35 years of age of as they adjust to current market conditions and begin to build financial resilience.

The Research to Insights series of presentations features a broad range of findings on selected research topics. Each presentation draws from and integrates evidence from various studies that use innovative and high-quality data and methods to better understand relevant and complex policy issues. Based on applied research of valuable data, the series is intended to provide decision makers, and Canadians more broadly, a comprehensive and horizontal view of the current economic, social and health issues we face in a changing world.

Data for Total Outstanding Debt, Schedule Payment and Financial Obligations by Canada and small, medium and large Census Metropolitan Areas can aid with research. This adapted Equifax data is displayed by mortgages, HELOCs, lines of credit, auto loans, credit cards and all other credit

Housing data for proportion (percent) of outstanding debt, scheduled payment and financial obligations by credit type can aid with your research. This adapted Equifax data is by Canada and by average CMA size

Quarterly data for the indicators BofC uses to track the evolution of two vulnerabilities in the Canadian economy: the elevated level of household indebtedness and high house prices.