Income in Canada, 2020
Archived Content
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.
Description: Income in Canada, 2020
In 2020, the median after-tax income of Canadian households was $73,000, up 9.8% from 2015.Note 1
Median income also increased in 8 of the 10 largest urban centres.
2015 | 2020 | |
---|---|---|
dollars | ||
Canada | 66,500 | 73,000 |
Calgary | 92,000 | 87,000 |
Toronto | 74,500 | 85,000 |
Ottawa-Gatineau | 75,500 | 84,000 |
Edmonton | 87,000 | 84,000 |
Hamilton | 71,500 | 80,000 |
Vancouver | 68,500 | 79,500 |
Winnipeg | 66,000 | 71,500 |
London | 62,400 | 71,000 |
Montréal | 58,000 | 65,500 |
Québec | 60,400 | 65,500 |
In 2020, 84% of Canadians 15 and older received income from government transfers, up sharply from 69% in 2015. This increase was largely driven by the COVID-19 emergency and recovery benefits they received in 2020.Note 2 Median amounts received from government transfers also increased.
2015 | 2020 | |
---|---|---|
percent | ||
Government transfers | 69 | 84 |
Old Age Security/Guaranteed Income Supplement | 18 | 20 |
Canada Pension Plan/Quebec Pension Plan benefits | 23 | 25 |
Employment Insurance benefits | 9 | 11 |
Child benefits | 14 | 13 |
Other (including COVID-19 Emergency and Recovery Benefits) | 47 | 75 |
COVID-19 Emergency and Recovery Benefits only | Note ..: not available for a specific reference period | 28 |
.. not available for a specific reference period |
2015 | 2020 | |
---|---|---|
dollars | ||
Government transfers | 5,880 | 9,800 |
Old Age Security/Guaranteed Income Supplement | 7,350 | 7,650 |
Canada Pension Plan/Quebec Pension Plan benefits | 8,000 | 8,100 |
Employment Insurance benefits | 6,080 | 5,720 |
Child benefits | 4,160 | 5,840 |
Other (including COVID-19 Emergency and Recovery Benefits) | 675 | 1,960 |
COVID-19 Emergency and Recovery Benefits only | Note ..: not available for a specific reference period | 8,000 |
.. not available for a specific reference period |
In 2020, 11.1% of Canadians were in low income, compared with 14.4% in 2015.Note 3 This was the biggest five-year decrease since 1976.
While the prevalence of low income decreased sharply among Canadians aged 0-54, it increased slightly among those 65 and over.
2015 | 2020 | |
---|---|---|
percent | ||
Total | 14.4 | 11.1 |
0 to 17 | 17.5 | 11.9 |
18 to 24 | 17.2 | 11.6 |
25 to 54 | 12.5 | 8.7 |
55 to 64 | 13.3 | 11.2 |
65 and over | 14.4 | 15.0 |
Income inequality measured using the Gini coefficient and P90/P10 ratio of adjusted after-tax income of households declined between 2015 and 2020, and at a greater rate than between 2010 and 2015.Note 4
Year | Gini coefficient of adjusted after-tax income of households |
---|---|
2010 | 0.343 |
2015 | 0.342 |
2020 | 0.302 |
In 2020, the 90th percentile of the adjusted after-tax income of households was 3.8X as much as the 10th percentile.
Year | P90/P10 ratio of adjusted after-tax income of households |
---|---|
2010 | 4.9 |
2015 | 4.6 |
2020 | 3.8 |
Sources: Statistics Canada, 2021 Census of Population, 2016 Census of Population, 2011 National Household Survey.
- Date modified: