Trends in Well-Being in Canada and the Provinces Through the Lens of the Index of Economic Well-Being

Andrew Sharpe and Paul Pietraru

No 2025-05, CSLS Research Reports from Centre for the Study of Living Standards

Abstract: This report provides estimates for the Index of Economic Well-being (IEWB) for Canada for the 1981-2023 period. The IEWB is a composite measure developed by the Centre for the Study of Living Standards that assesses the economic well-being of Canadians through the lens of consumption flows, stocks of wealth, economic equality, and economic security. The report finds that the IEWB increased in Canada at a compound annual growth rate of 0.62 per cent between 1981 and 2023, well below that of GDP per capita (1.12 per cent). The rise was driven by increased consumption and stocks of wealth. Both economic equality and especially economic security declined and thus hindered advancement in the index.

Keywords: Index of Economic Well-Being; IEWB; well-being; consumption flows; wealth; economic equality; economic security; provinces (search for similar items in EconPapers)
Date: 2025-11
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