Household Contributions to Registered Savings Accounts (18) and Selected Household Characteristics (30) for Private Households of Canada, Provinces and Territories, Census Metropolitan Areas and Census Agglomerations, 2016 Census - 100% Data

This table details household contributions to registered savings accounts and selected household characteristics for private households in Wasaga Beach

Household contributions to registered savings accounts (18)	Selected household characteristics (30)
	Total - After-tax income of household^Footnote 1	Under $10,000	$10,000 to $19,999	$20,000 to $29,999	$30,000 to $39,999	$40,000 to $49,999	$50,000 to $59,999	$60,000 to $69,999	$70,000 to $79,999	$80,000 to $89,999	$90,000 to $99,999	$100,000 and over	$100,000 to $149,999	$150,000 to $199,999	$200,000 to $249,999	$250,000 and over	Total - Age of major income earner in the household^Footnote 2	15 to 24 years	25 to 34 years	35 to 44 years	45 to 54 years	55 to 70 years	71 years and over	Total - Households by household size	1 person	2 or more persons	2 persons	3 persons	4 persons	5 or more persons
Total - Household contributions to registered savings accounts^Footnote 3	9,005	210	480	825	1,135	1,155	1,085	860	805	570	500	1,375	1,070	215	55	40	9,005	155	630	1,020	1,420	3,305	2,475	9,005	2,155	6,850	4,390	1,130	820	515
No contributions to any registered savings accounts	3,465	160	345	480	600	545	440	280	250	130	100	140	120	10	5	5	3,465	80	205	355	435	1,230	1,160	3,465	1,080	2,385	1,650	345	230	155
Contributed to at least one type of registered savings account	5,540	50	140	345	535	615	650	585	550	440	400	1,230	950	205	50	35	5,540	80	425	665	980	2,075	1,315	5,540	1,075	4,465	2,735	780	590	355
Tax-free savings accounts (TFSAs)	4,010	40	125	305	470	490	510	440	370	260	240	760	580	125	30	25	4,010	60	275	320	540	1,540	1,280	4,015	855	3,155	2,135	495	310	215
Median contribution - TFSA ($)^Footnote 4	7,112	10,021	7,800	8,021	7,408	8,480	6,224	8,021	6,480	6,096	5,904	6,752	5,728	9,632	8,112	15,136	7,112	1,724	2,136	2,044	4,002	9,998	10,024	7,112	9,936	6,720	10,011	3,960	3,336	1,972
Registered retirement savings plans (RRSPs)	2,135	10	20	50	95	150	170	205	210	195	225	805	595	150	35	30	2,135	20	215	370	570	880	80	2,135	305	1,830	915	405	340	175
Median contribution - RRSP ($)^Footnote 5	2,756	0	1,404	1,102	1,268	1,300	1,936	2,001	2,595	2,739	2,644	5,022	4,205	8,592	23,360	24,896	2,756	826	1,972	2,088	3,311	3,613	1,252	2,756	2,593	2,861	3,136	2,520	2,598	2,232
Registered pension plans (RPPs)	1,670	5	5	30	35	95	135	150	200	185	175	660	495	130	25	10	1,670	20	210	370	505	525	30	1,670	175	1,495	625	350	330	195
Median contribution - RPP ($)^Footnote 6	4,149	0	0	441	1,100	1,700	2,208	3,096	3,448	4,112	4,736	6,886	6,028	9,952	10,208	0	4,149	854	4,128	5,632	4,824	3,132	1,140	4,149	4,184	4,141	3,595	4,192	5,320	4,912
Contributed to only one type of registered savings account	3,710	40	125	315	475	520	505	405	365	265	210	480	390	60	20	10	3,710	60	210	355	485	1,360	1,240	3,710	860	2,855	1,960	415	295	185
TFSA only	2,530	35	110	275	410	400	390	285	220	140	100	165	140	10	10	5	2,530	40	95	100	155	930	1,210	2,525	670	1,860	1,485	200	95	85
RRSP only	650	0	10	25	45	60	55	75	70	60	65	175	140	25	10	5	650	10	50	120	180	270	20	645	125	530	270	115	95	45
RPP only	535	0	5	15	20	55	55	50	75	75	50	140	110	25	5	5	535	10	65	135	155	160	10	540	70	470	210	105	105	60
Contributed to two types of registered savings accounts	1,380	5	10	30	55	90	125	145	145	135	135	510	390	80	20	20	1,385	20	160	215	355	560	65	1,380	175	1,205	610	270	210	120
TFSA and RRSP	700	5	10	20	45	65	70	75	65	55	65	230	175	30	10	15	695	15	70	70	145	350	50	695	110	590	355	120	75	35
RRSP and RPP	340	0	0	5	10	10	25	25	35	45	45	155	120	30	0	5	340	0	40	90	105	105	5	345	30	315	125	65	85	35
RPP and TFSA	345	0	0	5	5	15	25	50	50	35	25	125	105	20	0	5	340	10	50	60	100	110	10	340	35	310	135	80	55	40
Contributed to all three types of registered savings accounts (TFSA, RRSP and RPP)	445	0	0	5	5	15	25	30	45	35	50	245	165	60	10	5	445	0	60	90	140	150	5	445	40	405	160	100	85	55

Symbol(s)

Symbol ..

not available for a specific reference period

Symbol ...

not applicable

Symbol x

suppressed to meet the confidentiality requirements of the Statistics Act

Symbol F

too unreliable to be published

Footnote(s)

Footnote 1

After-tax income

'After-tax income' refers to total income less income taxes of the statistical unit during a specified reference period. Income taxes refers to the sum of federal income taxes, provincial and territorial income taxes, less abatement where applicable. Provincial and territorial income taxes include health care premiums in certain jurisdictions. Abatement reduces the federal income taxes payable by persons residing in Quebec or in certain self-governing Yukon First Nation settlement lands.

For the 2016 Census, the reference period is the calendar year 2015 for all income variables.

Footnote 2

Major income earner in the household - The person with the highest total income in the household.

Footnote 3

Registered savings accounts - A collective term for three types of savings accounts: tax-free savings accounts (TFSAs), registered retirement savings plans (RRSPs) and registered pension plans (RPPs).

Contributions to tax-free savings accounts (TFSAs) - Total dollar amount of contributions made by a person to tax-free savings accounts (TFSAs) during the reference period. Individuals can make contributions to their TFSAs up to a limit, known as the TFSA contribution room, in each calendar year.

The TFSA contribution room is made up of:
- the TFSA dollar limit for the calendar year;
- any unused TFSA contribution room from the previous year;
- any withdrawals made from the TFSA in the previous year.

Contributions to registered retirement savings plans (RRSPs) - Total registered retirement savings plan (RRSP) contributions a person deducted against his or her income for a given tax year. Contributions eligible for deductions include deposits made to his or her own registered retirement savings plans (RRSPs) and pooled registered pension plans (PRPPs) as well as his or her spouse's or common-law partner's registered retirement savings plans.

Individuals can make contributions to these plans up to a specified limit, known as the RRSP deduction limit for each tax year. The RRSP deduction limit is set at 18% of the contributor's prior year earned income up to an annual maximum, plus any unused RRSP deduction room carried forward from previous years, less any pension adjustments that are associated with registered pension plans (RPPs) from prior year and any employer's pooled registered pension plan (PRPP) contributions for the given tax year.

Contributions to registered pension plans (RPPs) - Total dollar amount of contributions made by an employee to registered pension plans (RPPs) during the reference year. A registered pension plan is an employer-sponsored plan registered with the Canada Revenue Agency. The purpose of such plans is to provide employees with a regular income at retirement.

Household contributions refer to the total amount of contribution from all household members.

For the 2016 Census, the reference period is the calendar year 2015 for these contributions variables.

Footnote 4

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Footnote 5

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Footnote 6

Median contribution - The median contribution of a specified group is the amount that divides the contribution distribution of that group into two halves, i.e., the contributions of half of the units in that group are below the median, while those of the other half are above the median. Median contributions of households are calculated for those with contributions only.

Data quality note(s) – Wasaga Beach

• Incomplete enumeration flag
  Default. Not applicable.
• Short-form data quality flag
  Global non-response rate (GNR), short-form census questionnaire: 4.5%.
• Short-form income data quality flag
  Default. Data quality index showing a short-form income non-response rate lower than 10%.

Source: Statistics Canada, 2016 Census of Population, Statistics Canada Catalogue no. 98-400-X2016103.