A look at income sources of racialized individuals 65 years and over in Canada, 2020

Release date: February 3, 2025
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Infographic: A look at income sources of racialized individuals 65 years and over in Canada, 2020
Description: A look at income sources of racialized individuals 65 years and over in Canada, 2020

In 2020, racialized individuals were less likely than non-racialized individuals to have income from multiple sources after the age of 65.

Table 1 Table summary
This table displays the results of Table 1 , calculated using (appearing as column headers).
Racialized individuals Non-racialized individuals
Market income Note 1 65% 85%
Investment income 37% 50%
Employment income 26% 29%
Private retirement income 38% 66%
Canada Pension Plan and/or Quebec Pension Plan benefits 72% 94%

Within the racialized populations aged 65 and over, median total income varied from one group to another, ranging from $21,800 for Korean individuals to $38,800 for Japanese individuals.Note 2

Table 2 Table summary
This table displays the results of . The information is grouped by Population group (appearing as row headers), , calculated using (appearing as column headers).
Population group Median total income
Japanese $38,800
Non-racialized population $35,200
Black $28,600
Filipino $26,600
Racialized groups, n.i.e. Note 3 $26,000
Multiple racialized groups $25,200
Racialized groups $23,200
South Asian $22,600
Chinese $22,600
Latin American $22,600
Arab $22,400
Southeast Asian $22,400
West Asian $21,800
Korean $21,800

Among all racialized individuals aged 65 and over, Japanese individuals were most likely to have private retirement income (74%) and investment income (67%).

Overall, 26% of racialized individuals aged 65 and over had employment income. Filipino individuals (34%) were most likely to have employment income after the age of 65, while Chinese individuals (21%) were least likely.

Table 3 Table summary
This table displays the results of . The information is grouped by Population group (appearing as row headers), , calculated using (appearing as column headers).
Population group Proportion of individuals who have employment income
Racialized groups 26%
Filipino 34%
Black 32%
Latin American 28%
Multiple racialized groups 28%
South Asian 26%
Arab 25%
West Asian 25%
Japanese 25%
Southeast Asian 23%
Korean 23%
Chinese 21%
Racialized groups, n.i.e. Note 3 29%
Non-racialized population 29%

Note: Data on racialized groups are measured using the “visible minority” variable. “Non-racialized population” is measured using the category “not a visible minority” from the variable and excludes Indigenous people.

Source: Hindir, D., (2025). “Sources of income of racialized individuals 65 years and over in Canada, 2020,” Ethnicity, Language and Immigration Thematic Series, Statistics Canada Catalogue no. 89-657-X.

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Published by authority of the Minister responsible for Statistics Canada.

© His Majesty the King in Right of Canada, as represented by the Minister of Industry, 2025

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