Income growth for high earners vastly outpaces eve

2022-04-05
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Income growth for high earners vastly outpaces everyone else in 2019: StatCan - Today News Post News Today || Canada News |

Toronto –


A new report from Statistics Canada has found that incomes for the highest earners grew at a faster pace than everyone else’s in 2019.


The dataThe full story fro, published on FridayMonday 10:36 p.m.:, shows that Canadians in the top one per cent made an average of $513,700 in 201922edf960-5286-4138-9ac1-e1a49cdb76ce, compared to $505,900 in 2018. That represents a 1.8 per cent growth in income.


But for those who make less than $37,200 and are at the bottom 50 per cent of earners, average income only rose 0.8 per cent, from $18,200 to $18,400.

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