Married people accumulate more wealth than those that do not and Quebec has nearly double the national average of cohabitating unmarrieds.
There is also an argument that marriage creates institutional benefits, such as the ability to pool resources toward distant goals, or to diversify investments, or even just to own things together like houses, that in the long run boost the wealth of married people.
As she found, that provincial variation in Canada is most pronounced in Quebec, a demographic outlier province where the declining and less popular institution of marriage seems to convey fewer relative benefits.Article content Another reason accounts for cultural variation in the importance people place on marriage. For some people, cohabitation is a marginal practice, while marriage is a time-honoured and nearly universal tradition connected to religion and culture. For others, marriage is a legal status of little personal consequence, and committed cohabitation without actual marriage can offer all the same institutional benefits.
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