Income of Canadians, 2020
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Release date: March 23, 2022
Description: Income of Canadians, 2020
Geography | Median after-tax income in dollars |
---|---|
Canada | 66,800 |
Newfoundland and Labrador | 59,300 |
Prince Edward Island | 59,400 |
Nova Scotia | 57,500 |
New Brunswick | 56,900 |
Quebec | 59,700 |
Ontario | 70,100 |
Manitoba | 63,000 |
Saskatchewan | 67,700 |
Alberta | 77,700 |
British Columbia | 67,500 |
A 7.1% increase from 2019 to 2020 in Canada |
2019 | 2020 | |
---|---|---|
Market income | 87% | 81% |
Wages, salaries and commissions | 77% | 76% |
Self-employment income | 4% | 4% |
Investment income | 7% | 7% |
Retirement income | 10% | 10% |
Other income | 2% | 2% |
Government transfers | 13% | 19% |
OAS, GIS and AAS | 27% | 19% |
CPP and QPP benefits | 31% | 21% |
Child benefits | 13% | 9% |
Employment Insurance benefits | 9% | 8% |
Social assistance | 9% | 5% |
COVID-19 benefits | Note ..: not available for a specific reference period | 28% |
Other government transfers | 12% | 10% |
.. not available for a specific reference period |
Number of persons in 2019 | Number of persons in 2020 | Percentage in 2019 | Percentage in 2020 | Percentage point decrease | |
---|---|---|---|---|---|
All age groups | 3,793,000 | 2,357,000 | 10.3% | 6.4% | -3.9 p.p. |
Under 18 years | 665,000 | 333,000 | 9.4% | 4.7% | -4.7 p.p. |
18 to 64 years | 2,760,000 | 1,817,000 | 11.8% | 7.8% | -4.0 p.p. |
65 years and older | 369,000 | 207,000 | 5.7% | 3.1% | -2.6 p.p. |
Note: CPP – Canada Pension Plan; QPP – Quebec Pension Plan; OAS – Old Age Security; GIS – Guaranteed Income Supplement; AAS – Allowance or Allowance for the Survivor; p.p. – percentage points.
Source: Statistics Canada, Canadian Income Survey.
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