WealthTrends

WealthTrends is part of our COVID recovery suite of products providing a more recent economic and financial status update for Canadian dissemination areas. WealthTrends is an essential add-on for licensed WealthScapes users. Following a WealthScapes annual update, built using the values up to the end of the previous year, three quarterly successions of WealthTrends data releases (see release schedule below) provide updates to key WealthScapes and Employment Rate variables.

Release Schedule
Data Product Data Values As Of Approximate Release
WealthScapes 2023 December 31st, 2022 Summer 2023
WealthScapes 2023 Q1 March 31st, 2023 Summer 2023
WealthScapes 2023 Q2 June 30th, 2023 Fall 2023
WealthScapes 2023 Q3 September 30th, 2023 Spring 2024
WealthScapes 2024 December 31st, 2023 Summer 2024

 

Quarterly estimates are modelled using key inputs and control totals from Equifax, Teranet, Canadian Financial Monitor, Bank of Canada, Labour Force Survey, National Economic Accounts, and DemoStats. Using this more recent information, WealthTrends reflects the economic well-being of Canadians throughout the year and better captures the impact from economic factors and events. WealthTrends can be used by financial institutions, retailers, and governments to adjust strategies to reflect recent economic conditions.

Below are some additional resources linked for your reference.

Additional Resources