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Median Income, Households 2020 [5] Median Income, Census Families 2020 [6] Median Income, Economic Families and Persons not in an Economic Family 2021 [7] Median Income, Economic Families 2021 [8] Wood Buffalo: 182000 175450 Oshawa: 102000 106460 Calgary: 100000 109520 88100 128800 Ottawa-Gatineau: 98000 117820 91500 127200 Guelph: 97000 109020 ...
A Canadian Council on Social Development backgrounder reported that the LICO has been reported by Statistics Canada since the 1960s. [45] Based on data from the 1992 Family Expenditures Survey, the average family spent 43% of its after-tax income on food, shelter and clothing. Statistics Canada added an additional 20% margin.
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
Between 2018 and 2024, the administration recorded the seven highest years of per-person spending in Canada's history. By 2024, inflation-adjusted spending per person, excluding debt interest costs, reached $11,856, exceeding the 2007-09 financial crisis spending by 10.2% and World War II peak spending by 28.7%. [11]
According to Statistics Canada, total household credit as of July 2019 was CAD$2.2 trillion. [165] According to Philip Cross of the Fraser Institute , in May 2015, while the Canadian household debt-to-income ratio is similar to that in the US, however lending standards in Canada are tighter than those in the United States to protect against ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included.
Household final consumption expenditure (POES) is a transaction of the national account's use of income account representing consumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.
Fort McMurray's median income was 106% higher than Alberta's median income of $103,720, [146] which in turn was higher than Canada's median annual household income of $90, 390. [148] In spite of the high cost of housing and living in FMWB, only 12% of FMWB households spent over 30% of their income on housing in 2015. [146]