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March 15, 2017ANNUAL HOUSEHOLD WEALTH, 2016 
Nova Scotian's per capita household net worth was $212,775 in 2016, compared to a national average of $280,070. Across the country, per capita net worth was generally higher in Western provinces, ranging from a high of $365,871 in British Columbia to a low of $151,928 in Prince Edward Island.
Nova Scotian's total household assets per capita were valued at $258,110, consisting of $109,212 in non-financial assets and $148,890 in financial assets. Across the provinces, differences in total assets per capita were driven primarily by differences in real estate assets. Per capita real estate asset values varied significantly across the country, from a high of $221,291 in British Columbia to a low of $65,059 in Prince Edward Island. In all provinces except New Brunswick and Saskatchewan, real estate assets were the largest per capita asset category (compared to other non-financial assets, life insurance & pensions, and other financial assets).
Total household financial assets also varied across the country but to a smaller extent. In Nova Scotia, total per capita financial assets amounted to $148,898, including $81,012 in life insurance & pensions and $67,886 in other financial assets. Per capita life insurance & pension assets were highest in New Brunswick at $83,406, followed closely by Nova Scotia, and lowest in Alberta at $51,058. Conversely, Atlantic Provinces had the lowest other financial assets per capita, with the lowest in Newfoundland and Labrador at $52,310 and the highest in Alberta at $136,200.
Nova Scotian's per capita household liabilities were $45,334, including $28,539 in mortgage liabilities and $16,795 in other liabilities. Across the country, total liabilities per capita ranged from a high of $76,115 in British Columbia to a low of $36,971 in New Brunswick.
On the liabilities side, provincial differences were also driven primarily by housing. Mortgage liabilities ranged from a high of $52,655 per capita in British Columbia to a low of $17,166 in New Brunswick.
Source: Statistics Canada Daily
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